Round Hill Music Royalty Fund’s IPO raised gross proceeds of US$282m. The company’s investment objective is to provide investors with an attractive level of regular and growing income and capital returns from investment primarily in high quality, music intellectual property. The company will invest in a songwriter’s copyright interest in a musical composition or song (being their writer’s share, their publisher’s share and their performance rights) together with the rights in the recording of the musical composition or song (known as the master recording rights) together with all such rights and assets considered by its investment manager, Round Hill Music LP.
Readers interested in reading the company’s prospectus can do so by clicking here to access our news coverage from 19 October.
RHM’s website can be accessed here.