With Help From Stars Like Gusttavo Lima, Promoters In Brazil Create Gig-Driven Investment Funds

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4Even, Brazil’s first show-driven fund, has bought 800 shows from at least nine artists, including Vintage Culture and Jorge & Mateus.

in mid-2020 that he was working to create his own gig-driven concert fund. He ultimately stopped trying to land enough investment after souring on the idea as too risky. “I was afraid artists couldn’t fulfill their agreements,” he says.

Vintage Culture performs live onstage during the second day of Lollapalooza Brazil Music Festival at Interlagos Racetrack on April 06, 2019 in Sao Paulo, Brazil., CEO of Brazilian fintech One7, which is responsible for the financial governance of 4Even, Lima is expected to become an official fund investor in November, entitling him to participate in all portfolio decisions. Until now, he has been informally advising on new assets.

 

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Belgique Dernières Nouvelles, Belgique Actualités