Banking industry veteran Carlos Cruz has joined HarbourView Equity Partners as managing director and head of capital markets.
He brings almost 20 years of experience in technology, media and entertainment banking, during which he originated, structured and arranged bank and subordinated debt facilities in support of acquisitions, recapitalizations and leveraged buyouts. Most recently, he was an executive director in the Technology, Media and Telecommunications group of Fifth Third Bank’s Corporate and Investment Bank.
“Carlos’ appointment further solidifies our core team of talented senior leaders at HarbourView,” said Sherrese Clarke Soares. “His leadership in our capital markets function will be critical as we expand our investment footprint across the entertainment and media landscape. We are grateful for the commitment of our financing partners who have helped scale our platform to this point and look forward to working with them more in the years to come.”
Soares founded HarbourView in 2021 with backing from Apollo for its initial fund launch. She was founder and CEO of Tempo Music Investments, a music catalogue investor launched in 2019.
“Having followed HarbourView’s rapid growth since its inception, I am thrilled to join such a talented team that is building a foundation for an enduring financial institution,” said Cruz. “I look forward to immersing myself in this ecosystem of artists and financing partners that HarbourView has curated and helping to grow the platform and community further.”
To date, Newark, N.J.-based HarbourView has acquired over 40 music catalogs to date. The firm, which has $1.3 billion in assets according to regulatory documents, has a distinctly diverse portfolio that features thousands of titles spanning numerous genres, eras and artists, amounting to a diversified catalog of ~17,000+ songs across both master recordings and publishing income streams.
Last month, HarbourView marked its entry in the film and TV space by completing an investment in MACRO, the multi-platform media company founded by Charles D. King, producer of Oscar-nominate Judas and the Black Messiah.