• Icarus Entertainment Fund

Icarus Entertainment Fund I, LP

A structured approach to media, sports, and entertainment investments — combining institutional capital discipline with creative origination expertise.

Target Capital

$1.25B

Structure

Limited Partnership

Investor Access

Accredited Only
Fund Overview

Disciplined underwriting. Structured returns.

Icarus Entertainment Fund I, LP evaluates asset-backed opportunities across the global entertainment and sports ecosystem.

Every investment is assessed through a rigorous underwriting process that prioritizes capital visibility, risk discipline, and clearly defined exit pathways.

Investment Focus

Where the Fund deploys capital

The Fund targets a diversified set of opportunities within the entertainment and sports landscape, each assessed through a consistent structured underwriting framework.

Film and television production financing

Monetization of transferable tax credits

Sports-related infrastructure and franchise-adjacent assets

Music catalogs and intellectual property

Entertainment-linked commercial real estate

Select specialty credit transactions

Strategic Partnership

Capital meets creative origination

The Fund integrates the alternative credit expertise of Icarus Capital Advisors with the production and rights-development capabilities of Harbor Light Entertainment — creating a vertically aligned structure purpose-built for entertainment finance.

Icarus Capital Advisors, LP

Fund Manager & Underwriting

Institutional-grade alternative credit expertise, disciplined deal structuring, and capital allocation oversight.

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Harbor Light Entertainment LLC

Exclusive Production Partner

Exclusive ROFR on qualifying production financing. Operational expertise in production, rights development, and creative origination.

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Interested in learning more?

Icarus Entertainment Fund I, LP is available on a private basis to accredited investors only. Reach out to our investor relations team to request offering materials.

Jeff Wallner

Jeff a Entertainment Executive with over a 20 year career in wealth and portfolio management on Wall Street , has built sports and entertainment divisions for notable investment companies, AG Edwards , CIBC Oppenheimer, and Ladenburg Thalmann , he amassed over 1 Billion in assets with over 200 Professional Athletes. He later started up Harbor Light Pictures a Film Production Company and has already Produced Films with multiple A list Academy Award Winners , one of his films was nominated and submitted for Best international film for the 93rd  Academy Awards . Prior to his Finance and entertainment career, he worked in aviation engineering for Grumman Aerospace building 24 F14 and EF-111 Fighter jets for the United States Navy, A former Baseball player,  he was a High School All American and received a full scholarship to North Carolina playing in the College World Series. He was highly recruited by the Los Angeles Dodgers, Boston Red Sox , and Cincinnati Reds

Tom Zheng

Tom is a former NFL Sports Scientist most notable for his Superbowl runs with the 49ers. He is the Co-founder and CEO of the Player’s Company an athlete-built and owned organization dedicated to empowering its community of professional athletes, high net worth individuals, and founders. TPC’s goal is to help the members of it’s organization improve their financial identity and build generational wealth through education, events and private investment opportunities.

Tom is also the founder and managing member of Tomco Holdings, a private advisory firm specializing in sports ownership and commercial real estate development around media assets.

In 2025 Tom Co-Founded and serves as a managing member in Harbor Light Pictures, a NY based film production company focused on featured length production and releases.

Tom currently holds leadership, board, and advisory roles across several organizations and companies that sit agnostically across the spectrum from private equity firms to emerging technology companies.