Independent UK wealth manager Route Group has teamed up with production company Footprint Films to launch the Footprint Film Fund, a five-year closed ended vehicle that is seeking to raise $22 million before the offer period ends on 15 September, and a further $21 million during its first year. The fund will act primarily as a source of bridge, tax and gap financing for film projects and is targeting $150 million worth of deals in global film projects in the first 36 months. It will seek to provide financing solutions up to 60 per cent of any film's budget, while targeting a net annual return on capital invested of 21 per cent. Management of the fund has been outsourced to Thesis Asset Management and the minimum investment is £50,000, which can be made in sterling or US dollars. The structure of the fund also integrates the use of carbon credits, which its creators say means it is the first of its kind to offer a way of investing in films on a carbon neutral basis.