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Jay-Z’s Investment Firm Nears Deal For 50 Percent Stake In Rihanna’s Fenty Beauty

Jay-Z’s Investment Firm Nears Deal For 50 Percent Stake In Rihanna’s Fenty Beauty

One of Rihanna ’s biggest business partners could soon be replaced by an investment firm co-founded by Jay-Z. MarcyPen Capital Partners is reportedly nearing an agreement to purchase LVMH’s 50 percent interest in Fenty Beauty, potentially putting the firm opposite Rihanna as the cosmetics company’s other half-owner. According to Puck, the transaction could be signed within the next three to four weeks.

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