Hipgnosis buys Blondie catalogues after £236m share sale

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By Aidan Gregory
05 Aug 2020

Hipgnosis Songs Fund, the London-listed investment fund focused on music catalogues, has used £236m of growth capital raised last month to purchase athe rights to songs by Blondie.

Hipgnosis is targeting £1bn of acquisitions over the next year or two, sources close to the company told GlobalCapital last month. Since its launch in 2018, it has grown into a £732m company and recently joined the FTSE 250 Index.

In July, Hipgnosis sold £236m of new shares to ...

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