Jay-Z Launching Investment Fund Titled Marcy Venture Partners
The name Marcy Venture Partners alludes to Marcy Housing Project.
Jay-Z has his hands in so many things, and now he’s adding another to the list, TechCrunch shares that Jay-Z is behind a new venture fund called Marcy Venture Partners that is being launched with Walden Venture Capital managing director Larry Marcus and longtime business partner Roc Nation president Jay Brown, according to California regulatory filings.”
HOV has rhymed about his hood on tracks like “Where I’m From” off of In My Lifetime Vol. 1 and “Marcy Me” which appeared on 4:44, so it’s no surprise that he would find a way to give back to that area.
It will be interesting to see what HOV’s direct involvement is with the company, but for right now, this is pretty much all the news we’ve got on it.