JAY-Z Launches Marcy Venture Partners Investment Firm

Jay-Z is expanding his venture capital efforts according to new paperwork that was filed with the state of California last month, reports Business Insider.

Along with Roc Nation’s president, Jay Brown, and Walden Venture Capital’s managing director, Lawrence Marcus, the trio are creating an investment firm called, Marcy Venture Partners.

The fund’s name is unmistakably a nod to Jay-Z’s upbringing in the Marcy Houses, a public-housing complex in Bedford-Stuyvesant, Brooklyn, which he...

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