Producer Mark Goucher has set up a fund to invest in touring productions of plays, musicals and West End shows.
The Cheltenham Theatre Investment Fund will be spearheaded by Goucher, chief executive of the Cheltenham Everyman Theatre and owner of Mark Goucher Productions, and includes present and past Everyman Theatre board members. The fund is accepting investments towards its target of £500,000.
Goucher said, “when I became chief executive of the Cheltenham Everyman I wanted to broaden the involvement of the business community in the theatre. While the fund is not administered by the theatre, 10% of the profits will be channelled back into the educational and community work that this very important local theatre fulfils.
“As a commercial producer of 25 years, I’d like to think I’ll be able to find great new theatrical investment opportunities which will be of benefit to both investors in the fund and the theatre that I’m very proud to be running.”