Hipgnosis Song Management (HSM), the investment advisor for the troubled music royalty fund Hipgnosis Songs Fund that has come under scrutiny for its handling…
Private equity firm Blackstone Inc. made a new proposal worth about $1.5 billion to purchase Hipgnosis Songs Fund Ltd., topping a bid made last week by music rights investor Concord.
The private equity behemoth Blackstone has already tabled several offers for the owner of songs performed by Shakira and the Red Hot Chili Peppers, Sky News learns.