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Weinsteins nab $275 mil for Asian pix.(The Weinstein Co.)(Brief article)

The Weinstein Co. is planning to launch an Asian film fund with starting capital of $275 million.

Company has appointed Goldman Sachs as financial adviser and will manage the fund itself. TWC is now in a "quiet period" while coin is gathered from investors and financiers.

Fund, which TWC has planned from its earliest days as an independent company, is expected to invest in Asian-made or -themed movies.

It is understood that over its six-year lifespan, the fund will bankroll some 30 movies, including Cannes opening film "My Blueberry Nights" by Wong Kar Wai, and two pies in development, a live-action version of "Mulan" ...

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