PalmStar adds Bassick, Jahns

PalmStar Media Capital has hired Michael Bassick as Co-Boss and Serta Jahns as COO to grow its film finance business. PalmStar, which supplies fund management and film related investment activities, introduced the employs Friday. The organization stated it lately signed handles two worldwide film funds to supply project sourcing and investment recommendations and it is in talks with several others to supply similar services.Kevin Frakes, Co-Boss and founding father of PalmStar, stated ''Michael gives the firm a significant understanding of film financing and outstanding fund raising abilities and Serta provides an abundance of experience of corporate finance and purchasers having a proven capability to execute on businessstrategies.''Bassick, who became a member of the firm earlier this spring, was formerly Founder/Boss of MarkediaWorldwide and controlling partner of MJB Endeavors, a boutique film investment company. He's over fifteen years in film finance, media and marketing.Jahns was formerly COO of Fierce Entertainment, a movie development, production and finance company in West Hollywood. He's over two decades of expertise in sales and financial services with companies including Goldman Sachs, Morgan Stanley, Fidelity Research and Management and Reuters. PalmStar most lately worked with with K5 Worldwide to co-finance Paul Master starrer ''Vehicle 19,'' which completed production in Nigeria in September and Bille August's ''Night Train to Lisbon,'' looking Jeremy Irons and created by Studio Hamburg Filmproduktion. ''Night Train'' is placed to start production later this season. Contact Dork McNary at dork.mcnary@variety.com