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An Oscar-Winning Producer Is Taking on Hollywood’s Biggest Managers

Michael Sugar has raised $30 million to turn his boutique firm into the next big talent shop for movie stars.

Michael Sugar and Lauren Sugar attend the 88th Annual Academy Awards at Hollywood & Highland Center in 2016.
Michael Sugar and Lauren Sugar attend the 88th Annual Academy Awards at Hollywood & Highland Center in 2016.

Photographer: Jason Merritt/Getty Images

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Oscar-winning producer Michael Sugar has raised $30 million to turn his boutique management and production company into the next big Hollywood talent shop.

Sugar, whose clients include Steven Soderbergh and Cary Joji Fukunaga, raised the money from investors Swan & Legend Venture Partners, which has also backed Jose Andres’s restaurant group, and MRC, the Hollywood studio that produced “Knives Out” and “Ozark.”