Jay-Z is making his business dreams global. The rapper's investment company, Marcy Venture Partners, just unveiled a $500 million fund to invest in the South Korean industry of entertainment, skincare, lifestyle, and consumer brands.
According to Financial Times, the plan, unveiled at Abu Dhabi Finance Week, marks one of the firm's most high-profile international expansions.
The initiative, called MarcyPen Asia, will be based in Seoul and is majority-owned by Marcy Venture Partners. It is being launched in collaboration with Hanwha Group, one of South Korea's leading conglomerates, through its financial division, Hanwha Asset Management.
By establishing a local presence, Jay-Z's team will have direct access to one of the world's fastest-growing cultural and consumer hubs.
Tapping Into the Korean Wave
Jay-Z has always been one of the leading voices supporting Black entrepreneurship as well as U.S.-based consumer ventures. This fund, however, marks a departure from those kinds of investments to a focus on culture-driven investments on a global scale.
Over the last ten years, South Korea has transformed music, fashion, beauty, and streaming content into a global phenomenon. In fact, K-pop bands such as BTS, BlackPink, and Stray Kids are regularly topping the charts worldwide, Korean skincare is setting trends on social media platforms like TikTok, and TV dramas keep getting the highest number of views on streaming services.
MarcyPen Asia intends to identify companies already thriving in Korea and help them scale to global markets, creating a bridge between Seoul's innovation ecosystem and Western audiences.
One industry analyst said, "Jay-Z's vision extends far beyond music. He's building Marcy Venture Partners into a diversified global investment powerhouse."
Read more: Godmother of Jay-Z's Alleged Son Claims State Attorney General Lied, Drives Her to Bankruptcy
Blue Ivy Makes a Statement Courtside
No reintroduction needed: Jay-Z & Blue Ivy courtside 💜 pic.twitter.com/B1ruvVlLUt
— Los Angeles Lakers (@Lakers) December 11, 2025
Jay-Z's impact is not just limited to business. His daughter, Blue Ivy Carter, 13, was the talk of the town when she was seen sitting at the Lakers game in Los Angeles.
Her attire was a leather jacket from Balenciaga teamed up with cargo pants and a Diesel handbag, along with Isabel Marant burgundy wedge sneakers - and the whole ensemble was reminiscent of Beyoncé's style.
Social media lit up with compliments, according to USA Today, mentioning her poise and resemblance to her mom. One X user commented, "Beyoncé really copied and pasted herself, because Blue Ivy stole her whole face." Another added, "Blue Ivy Carter looks fabulous courtside at the Lakers game tonight."
Blue Ivy has previously appeared at high-profile events, including the 27th annual Angel Ball in New York City with her grandmother Tina Knowles.
Beyoncé shared an Instagram photo celebrating her mother's philanthropy award, writing, "Congrats Mom on your philanthropy award at the Angel Ball tonight."
© 2025 MusicTimes.com All rights reserved. Do not reproduce without permission.
