Jay-Zβs Marcy Venture Partners merges with investment arm of Pendulum Holdings
Jay-Zβs venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holdingsβ investment arm Pendulum Opportunities, to form MarcyPen Capital Partners, a MarcyPen spokesperson confirmed to TechCrunch. The newly formed MarcyPen Capital Partners has $900 million in assets under management, according to PitchBook.Β MarcyPenβs spokesperson declined to comment further on the [β¦]
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