‘Lord of the Rings’ Mogul Starts Family Office With Goldman Hire

Bob Shaye was one of the few Hollywood studio executives to take a chance on Peter Jackson’s idea to turn J. R. R. Tolkien’s The Lord of the Rings trilogy of books into a movie series.

New Line Cinema’s founder now plans to manage his own fortune, joining a growing number of entertainment moguls taking control of their money.

Shaye recently set up a family office, Lemoko Investments, to oversee his business activities, drawing its name from a 1937 French film. Erin Riley, a former Goldman Sachs Group Inc. executive, is chief investment officer of the Los Angeles-based firm, which was registered ...