Gun Hill I, for example, was the name of a $600 million fund for eleven Sony films and nine Universal films in 2006; one year later, Gun Hill II raised another $700 million for another twenty films. Both funds were backed by Deutsche Bank and performed disastrously for investors. By 2007, every major studio had lined up PE backers for at least one slate.

XREF: Relates to the broader story of Wall Street money flowing into Hollywood before the 2008 crash. QUESTION: Worth investigating how these PE slate deals structured risk between studios and investors.

Andrew deWaard, Derivative Media, loc. 297