Macarthur Fortune Holding
| Macarthur Fortune Holding | ||||
|---|---|---|---|---|
| ||||
| Type | Private | |||
| Founded | 19 February, 2020 | |||
| Headquarters | Irvine, California, United States | |||
| Industry | Asset Management | |||
| Stock Label | Not listed | |||
| No. of employees | Unknown | |||
| Website | https://www.macarthurfortune.com | |||
Macarthur Fortune Holding LLC is a US-based global asset management firm founded by a group of investment professionals. The company has worked together with management teams and entrepreneurs in the video game, cloud computing, artificial intelligence robotics industries to create long-term sustainable growth. Macarthur Fortune's investments span the full range of opportunities including venture capital, private equity, merger and acquisition and public companies.[1]
It was announced on April 28th 2020 that Macarthur Fortune Holding's private managed fund, Platinum Fortune LP, had acquired a 100% stake in Jagex for $530 million USD from Fukong Interactive Entertainment.[2] Platinum Fortune LP has a focus on the global video game market, and targets global video game companies and designs strategies to help them grow user base and revenue.[1]