Black Sabbath to Bruno Mars: Round Hill reaps savvy music investment rewards with biggest fund close yet

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Specialist investor Round Hill Music Royalty Partners has raised $291m to close its biggest fund to date targeting music copyright deals.

Round Hill previously raised $263m for its sophomore fund in 2018 and just over $200m for its debut fund in 2014.

The firm said Fund III would continue its strategy of acquiring high-quality rights from songwriters, artists and other third-party rights holders, targeting new and classic songs that have gained significant popularity.

Fund III has already deployed more than $200m on deals for songs by artists including The Goo Goo Dolls, Matchbox Twenty, Rob Thomas, Black Sabbath, The Dropkick Murphys, Craig David, Kiss, Limp Bizkit and Bruno Mars.

Round Hill CEO Josh Gruss said, “Round Hill Music has continued to distinguish itself as a leader in the music royalty space by acquiring blue chip songs with enduring long-term popularity.

He added, “Against the backdrop of the global pandemic and the structural shift of streaming and synchronization, the music royalty asset class has gathered pace and continues to show strong growth, while also proving resilient in difficult economic environments.

“As experienced investors in music rights, our objective continues to be to provide investors with regular and growing income and capital returns from investment primarily in high quality, music intellectual property.”

Round Hill has acquired over 80 music catalogues and generated more than $175m in royalty income since inception, through investments in songs such as “What A Wonderful World” and “Total Eclipse Of The Heart”.

FocusPoint served as the exclusive placement agent for Fund III in North America.

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