Rizvi taps JPMorgan's Hallren
Veteran will head up a new entertainment consultancyClark Hallren, a key player at film finance giant JPMorgan Securities, will move on Monday to head up a new entertainment consultancy at Rizvi Traverse Management, a Michigan-headquartered investment firm that controls ICM.
In the new post, Hallren occasionally will work with execs in other parts of the firm, but the unit will work independently from other Rizvi operations. A name for the Los Angeles-based advisory hasn't been announced.
Rizvi acquired a majority stake in ICM in 2005, at which time ICM topper Jeff Berg remained the largest individual shareholder of the talent agency.
As a managing director at JPMorgan Securities, Hallren most recently worked with studios including MGM, DreamWorks and DreamWorks Animation. He also helped shepherd recent financing for entertainment companies including Overture Films and Lakeshore Entertainment.
During the past decade, Hallren has been closely associated with John Miller, who until recently supervised JPMorgan's Los Angeles-based entertainment group. Miller has segued into a part-time consultant role at JPMorgan; David Shaheen, previously an exec in the firm's entertainment-research unit, assumed leadership of the entertainment group Jan. 1.
Rizvi has offices in Birmingham, Mich.; Los Angeles; Oxford, Conn.; and New York.