Dan Primack moved over last fall from Thomson Reuters to Fortune.com. Based in Boston, his purview is to cover deals “from Wall Street to Menlo Park’s Sand Hill Road.”
Today, his geo-location is actually Wilshire Boulevard in Beverly Hills for the end of William Morris’s “Mail Room Fund”, launched with great fanfare in 2008. Primack reports that no further investments are planned, and that no immediate successor to the Richard Wolpert run mechanism is in place:
“You’ve got to realize that William Morris Endeavor was a very unusual arrangement, because the smaller group basically took control of the larger group,” explains a Los Angeles investor familiar with the situation. “Mail Room Fund had been spearheaded by the old WMA leadership, but Ari Emmanuel cleared a lot of them out.”
Good work by Primack, who notes that among those cleared out old-timers was Paul Bricault, a champion of the Mail Room Fund.