UTA is bulking up its venture funding business. The agency has hired veteran investment executive Clinton Foy as general partner, Venture Capital at UTA Ventures, which builds and invests in businesses at the intersection of media, entertainment, and technology.
Foy will work alongside Sam Wick, head of UTA Ventures, to grow and develop the agency's investment platforms by way of direct investing, venture capital investments and fund development. “Clinton’s deep background in the venture capital community and proven track record of raising and investing capital for funds and startups across entertainment and tech makes him a strong fit for UTA’s entrepreneurial DNA,” said UTA CEO Jeremy Zimmer.
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