Griffin Gaming Partners announced the launch of a new $100 million Special Opportunities Fund focused on financing independent video game development projects through revenue-sharing structures rather than traditional equity investments.
The new fund introduces a project-based financing model in which Griffin provides funding in exchange for a share of future game revenue, offering an alternative to equity-based venture capital structures commonly used in gaming investments.
Griffin said the initiative is designed to support indie game developers seeking flexible financing solutions without giving up ownership stakes in their companies. The company noted that many smaller studios are either not equipped for or not interested in traditional venture financing arrangements.
The Special Opportunities Fund is managed by Tim Bender, CEO of Hooded Horse, who serves as Managing Director of the fund.
The fund has already invested in 15 gaming titles, including nine publicly announced projects such as MENACE, Begone Beast, Expedition: Into Darkness, Vaunted, Gilded Destiny, Darkwood 2, Kinstrife, Highland Keep, and Hellforged.
Griffin also disclosed investments in six unannounced projects spanning genres including science fiction strategy, fantasy RPGs, multiplayer dinosaur games, and simulation titles.
The company said the portfolio includes both self-published games and projects partnered with publishers, including several titles published by Hooded Horse.
Griffin Gaming Partners manages approximately $1.5 billion in assets under management and focuses exclusively on gaming and gaming-adjacent investments across infrastructure, content, platforms, and distribution technologies.
The company also highlighted broader entertainment expansion opportunities tied to gaming intellectual property through advisors including film and television producer Dylan Clark and licensing executive Russell Binder.
KEY QUOTES:
“Indie games represent one of the fastest-growing segments of the interactive entertainment market today. We know developers want a flexible, transparent financing solution, and we’re excited to support their ambitions through the dedicated Special Opportunities Fund. Griffin has been honing its strategy since its formation, and we are proud to bring this new initiative to market with an investment team we believe is uniquely positioned to help exceptional developers realize their full potential.”
Nick Tuosto, Managing Director And Co-Founder, Griffin Gaming Partners
“We’re very excited for the transmedia potential of this fund. The very essence of these games and the contemplative nature of their development lead to sticky player communities and loyal followings. Having fund advisors such as film and television producer Dylan Clark and brand stewards such as Russell Binder shows we’re serious about unlocking opportunities for these titles outside of gaming.”
Peter Levin, Managing Director And Co-Founder, Griffin Gaming Partners
“The potential of indie game development is incredible. The $100 million this fund makes available to indie studios is going to result in so many more great games being brought to audiences that will love them.”
Tim Bender, Managing Director, Griffin Gaming Partners Special Opportunities Fund

