Saban Capital Group (SCG), a private investment firm specialising in the media, entertainment and communications industry, has promoted Richard Yen to Managing Director, Private Equity.
Yen, who has been with SCG since June 2008, will continue to lead the digital media and consumer Internet investment practice for SCG. Yen will support all digital initiatives as SCG plans to expand its investment portfolio in this space.
Based in San Francisco, Yen’s ongoing focus is growth equity investments, pre-IPO investments and buyouts in digital media, mobile and consumer Internet companies. In his seven years with SCG, Yen has been instrumental in growing the SCG investment portfolio with companies including Vessel, ironSource and PlayBuzz, among others. Additionally, Yen has advised SCG’s portfolio of companies including Saban Brands and Univision on digital acquisitions and strategies.
“Richard’s strategic vision and expertise have contributed to the expansion of Saban’s investment portfolio through the years,” says Adam Chesnoff, President and Chief Operating Officer of SCG. “We are pleased to promote Richard to Managing Director, Private Equity at Saban Capital Group, reinforcing our continued focus to partner with and contribute to strong and growing global digital businesses.”
Prior to working for SCG, Yen served as a Principal at Blueprint Ventures and established the firm’s digital media and Internet investing practice. Prior to Blueprint, Yen worked for Rustic Canyon Partners, a technology venture capital firm where he focused on software and wireless investments.
