Saban Capital Group, Inc. promoted Fred Gluckman to executive vice president. Gluckman will continue to serve as the firm’s chief financial officer. Los Angeles-based Saban is a private investment firm specializing in the media and entertainment industries.
LOS ANGELES–(BUSINESS WIRE)–Saban Capital Group, Inc. (“SCG”), the private investment firm specializing in the media, entertainment and communications industry, today announced the promotion of Fred Gluckman to Executive Vice President, in addition to continuing as the company’s Chief Financial Officer. Gluckman, who has been with SCG since February 2003, will continue to lead SCG’s financial affairs including accounting and tax structuring, diligence and reporting of the company’s public and private investments. Additionally, Gluckman will continue to oversee the Human Resources and IT functions of the company. With this promotion, Gluckman will also expand his duties in supporting SCG’s portfolio companies.
“We are very appreciative for his years of dedication and are pleased to congratulate Fred on this well-deserved promotion.”
“Having been with the company even before its first strategic investment, Fred’s forward-thinking leadership of SCG’s financial affairs has continuously contributed to the global growth and expansion of our overall investment program,” said Adam Chesnoff, President and Chief Operating Officer of SCG. “We are very appreciative for his years of dedication and are pleased to congratulate Fred on this well-deserved promotion.”
Prior to working for SCG, Gluckman served as a Senior Manager for Deloitte, advising clients in the U.S., Europe and the Middle East on international and domestic tax matters.
Gluckman received his Bachelor of Science in Economics from Wharton Business School.
About Saban Capital Group
Saban Capital Group (“SCG”) is a leading private investment firm based in Los Angeles specializing in the media, entertainment, and communication industries. SCG was established by Haim Saban, co-founder of Fox Family Worldwide, a global television broadcasting, production, distribution and merchandising company owned in partnership with Rupert Murdoch and The News Corporation, following its sale to The Walt Disney Company in October 2001. The firm currently makes both controlling and minority investments in public and private companies and takes an active role in its portfolio companies. SCG’s current private equity investments include: Univision (the premier Spanish-language media company in the US); Celestial Tiger Entertainment (a venture with Lionsgate and Astro, Malaysia’s largest pay TV platform, to launch and operate new branded pay television channels across Asia); MNC (Indonesia’s largest and only vertically-integrated media company); and Partner Communications (a leading telecommunications company in Israel). Saban Brands LLC, an affiliate of SCG, was formed in 2010 to acquire, manage and license entertainment properties and consumer brands across media and consumer platforms globally, and currently holds the rights to Power Rangers and Paul Frank Industries in its portfolio, among many others. Additionally, SCG founded Saban Films in 2014 to acquire and distribute independent feature films in North America. With offices in Los Angeles and Singapore, SCG actively manages a globally diversified portfolio of investments across public equities, credit, alternative investments, and real property assets. For more information, please visit www.saban.com.