By Lawdragon News | May 14, 2015 | Press Releases
In an innovative move, DLA Piper has established a new corporate advisory arm named: 'Noble Street.' The new arm will focus on financing, corporate and M&A activities within the media, entertainment, technology and sports sectors.
Recognising the often chronic shortage of capital within these sectors, the group has been formed to find and create opportunities both for DLA Piper's media, entertainment, technology and sports sector clients, as well as their financier and investor clients. With a strong international client base, particularly across the Middle East and Asia, including China, the group will be based in London, but will have a global focus.
The service line will be led by Anthony Mosawi, a Hollywood financier, who joined DLA Piper to launch the venture. He will co-lead with Global Co-Chairman of DLA Piper, Sir Nigel Knowles and Chris Hanson, Head of the Media & Entertainment group, both of whom have substantial corporate finance experience.
Anthony Mosawi commented: "I am incredibly excited to be launching Noble Street with DLA Piper, and to have the opportunity to work with Sir Nigel and Chris. The scale and size of the firm's client base and wider network are tremendous assets, supporting the new group to add value to the most ambitious ventures."
Sir Nigel Knowles said: "We are delighted to have Anthony on board. He is an entrepreneur with substantial US media financing experience. Noble Street is a hugely exciting venture, marrying the specialist media and tech sector knowledge that many bulge bracket investment banks lack, and the global footprint that the niche media advisory firms do not have."
Chris Hanson added: "I believe Noble Street is uniquely placed to take advantage of the rapid growth across these sectors. With DLA Piper's leading industry expertise and global client base, Noble Street is well positioned to assist our investor clients seeking opportunities in these sectors, and our industry clients seeking finance or growth opportunities."
Mosawi was founder and CEO of Mayhem Entertainment, the production and financing firm he launched in 2005. The company raised almost $500 million in financing for opportunities since 2010. Mosawi's relationships with European family offices and overseas investors are seen as a strong fit with Noble Street. Prior to Mayhem, Mosawi was COO of Mutual Film Company, financier and producer of the “Lara Croft: Tomb Raider” franchise. Mosawi will be based in London, but will continue to split his time between the US and the UK.