Investment banker David Dunn, who is working with the estate of Michael Jackson on its role in the pending acquisition of EMI Music Publishing, has formed Shot Tower Capital, an investment banking firm providing strategic and financial advisory services to media, entertainment and consumer companies.
Shot Tower Capital, based in Baltimore and on the web here, will focus on mergers and acquisitions, debt and equity capital raises and structuring, leveraged buyouts and restructuring transactions. In addition to Dunn, Robert Law is a principal and co-founder of Shot Tower Capital.
Dunn and Law worked together at Signal Hill Capital Croup, where since 2006 the former was a managing director and head of media and Internet division; while the latter was an associate working across a number of industries.
Previous to their careers at Signal Hill, Dunn held senior positions at Deutsche Bank and started his banking career at Alex. Brown & Sons; while Law worked as an analyst at Bear Stearns in the firm's technology, media and telecom group. Prior to his work as an investment banker, Dunn was a corporate and securities attorney at Hogan Lovells and an economist for the U.S. Department of Labor.
Together the duo claims investment banking experience involving nearly 100 transactions in excess of $50 billion in aggregate value.
While at Signal Hill, Dunn and Law's music industry clients included Crosstown Songs in its sale to BMG Rights Management; and the estate of Michael J. Jackson in its refinancing of MIJAC Music and the Michael Jackson Catalog and its refinancing and restructuring of the debt secured by the estate's 50% ownership position of Sony/ATV Music Publishing.