MI2N
Music Industry News Network
WEDNESDAY, OCTOBER 22ND
Advanced Search
MusicDish Advertising Network
Subscribe to Mi2N's Free Newsletters B2N (business) i2N (indie)
HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Business News (more headlines) 07-26-2014

Round Hill Music Royalty Partners Closes First Fund At Over $200 Million

Bookmark and Share

Round Hill Music Royalty Partners, a private equity firm dedicated to acquiring music publishing assets, today announced that it has successfully closed its debut fund, Round Hill Music Royalty Fund LP (the "Fund"), with $202 million of committed capital and an additional $7.4 million in co-investment funds. The Fund exceeded its $200 million target. Forbes Private Capital Group acted as the exclusive placement agent for Round Hill Music Partners.

Round Hill Music Royalty Partners invests in music copyrights with an emphasis on iconic compositions that generate annuity-like royalty cash flow. The Firm leverages its deep experience and industry contacts to increase cash flow through improved licensing and administration.

"We are pleased to announce the final closing of our first fund at level that exceeded our target. We have built a premier, institutional quality platform to invest directly in the music royalty space. We thank all of our partners for their confidence in and support of Round Hill," said Josh Gruss, CEO of Round Hill Music.

The diversified base of investors includes: two university endowments, two large hospital pension plans, a NYSE-listed insurance company, smaller endowments and foundations and several family offices. "We have successfully attracted an experienced group of investors who recognize the uncorrelated and stable nature of music royalty streams and our team's ability to source exclusive investments, assess opportunities and create value for the catalogs," Gruss continued.

Neil Gillis, President of RHM added, "We look forward to continuing to build our robust portfolio of iconic music titles. Our team's extensive knowledge, experience and deep relationships in the music publishing industry positions us well to source and execute proprietary acquisitions and maximize the value of their assets."

Round Hill Music's management team has over 160 years of combined investment and music industry experience with a proven ability to execute. In addition to Josh Gruss, the senior executives includes: (i) Richard Rowe, Vice Chairman, who was formerly President of Sony/ATV Music Publishing and worked for Sony Music/CBS for 25 years; Neil Gillis, President, who previously served as the Managing Director of Alfred Music Publishing, President of S1 Songs America and East Coast General Manager for Concord Music Group after spending 16 years with Warner/Chappell Music; and Jennifer Scher, CFO, who was formerly CFO of Spirit Music and Director of Corporate Finance at EMI Music Publishing. They are supported by 13 other professionals with extensive backgrounds in the music industry.

Round Hill has already invested or committed more than $60 million to 20 music catalog acquisitions and various co-publishing agreements. The more than 10,000 songs in the portfolio are diversified by artist, genre and musical era and include songs from the Beatles, the Rolling Stones, James Brown, Steve Perry, Carrie Underwood and Bruno Mars among many others. Recently, the Firm acquired 100% of the publishing rights of the rock band Tesla's entire song catalog and acquired the Big Tractor catalog, which has an expansive roster of hit country songs and artists.

Bookmark and Share

back | top



MusicDish Advertising Network

Mi2N Music PR

James Hand Releases New Country-Gospel Album Stormclouds In Heaven

Suburban Mom Indie Musicians Plot To Walk The Red Carpet At GRAMMY® And HMMA Music Awards

Invitation From Within: Ann Licater's Music & Vision Offers A Pathway To Peace

The EGH Project Launches First Album "Life Song" On New House And Lounge Music Label

CEntrance Announces 'i5' An Audiophile Case For iPhone

Malaysian Artist, Tan, Breaks Into The US Music Scene With Debut EP

HIGH SCHOOL SENIORS PUT OUT AN AMAZING INDIE SELF-TITLED DEBUT LP

Illustrious Hip-Hop And R&B Producer Afrokeys Wants You To Enter His "Best Song Contest"



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» CISAC Takes Digital Royalties Issue To The UN
» Audio-Technica Microphones Provide The Right Solution For Fusion Act Snarky Puppy’s Unique Recording Method
» ASCC Artist Signs Deal With Nashville Record Label
» Online Rap Sensation, K-Slick, Releases New Video
» Statement On Turtles Victory: All Digital Radio Must Pay For Pre-1972 Recordings
» Jim Mahoney Becomes General Manager Of Merlin In USA
» Torrpedo Launches AWARE BitTorrent Campaign In Support Of Chinese Rockers' #UselessRockUSA Tour
» PhantomFocus™ System Stuns At PotLuck Audio Conference (PotLuckCon)
» Rachael Sage's Blue Roses Out On Nov. 4, Key US & UK Tour Dates Added
» HOBART OCEAN Stays Connected With Their Fan Base Via New IPhone And Google Play Apps


Get your music news covered...
Have your press release written
by the pros at Mi2N

Articles
MUSICDISH E-JOURNAL
» Show Your Red&Green And Support China's Second Hand Rose #UselessRockUSA Tour
» Provocative Beijing Rockers Second Hand Rose To Play NYC, DC, Philly, Boston
» BROBST Electro-Rock Leads MusicDish*China Top 5 Indie Song Chart
» Second Hand Rose To Play NYC, DC, Philly, Boston
» Love And Peace 2014 Outdoor Camping Music Festival
» MusicDish*China Top 5 Indie Song Chart (Vol. 1, No. 4)
» The Courtesans Drives MusicDish*China Top 5 Indie Song Chart
» FM Pilots Skyrockets To Top Of MusicDish*China Indie Song Chart
» MusicDish*China Top 5 Indie Song Chart 07/19-07/25/2014
» Zebra Music Festival (Shanghai) Ticket Giveaway Winners
» MusicDish*China Top 5 Indie Song Chart 07/12-07/18/2014
» Temple Bar 3 Year Anniversary

Mi2N's Music PR distribution service guarantees online exposure for your press release. Choose from seven (7) different packages.


HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Copyright © 1997-2014 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.