Hipgnosis Songs Fund readies more deals after FTSE 250 inclusion

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By Aidan Gregory
03 Jul 2020

Hipgnosis Songs Fund, the London-listed investment trust focused on song royalties, has announced a fresh £200m share sale as it prepares to acquire up to £1bn of additional music catalogues.

The fund, which was founded by Canadian music manager Merck Mercuriadis, said in March shortly after it was admitted to the FTSE 250 index that it was considering another capital increase to fund its bulging pipeline of investment opportunities.

JP Morgan and N+1 Singer, the company’s ...

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