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Round Hill Music Royalty Fund makes first acquisition as it explores further fundraising


Round Hill Music Royalty Fund makes first acquisition as it explores further fundraising
Round Hill Fund One
The acquisition includes the rights to a number of songs by the Backstreet Boys. Photo: Starbright31/Flickr CC BY-NC-ND 2.0
The Round Hill Music Royalty Fund (RHM) has made its first acquisition since flotation, buying the Round Hill Fund One for $281.9m meaning 86% of the capital it has raised has now been invested.
RHM said it had purchased the fund in full, excluding its shareholding in RH Carlin Holdings, a separate portfolio of musical copyrights that it expects to account for its second acquisition no later than. ....

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