About Hipgnosis Songs Fund Limited
Hipgnosis, which was founded by Merck Mercuriadis, is a Guernsey registered investment company established to offer investors a pure-play exposure to songs and associated musical intellectual property rights. The Company has raised a total of over £1.05 billion (gross equity capital) through its Initial Public Offering on 11 July 2018, and subsequent issues in April 2019, August 2019, October 2019, July 2020 and September 2020. In September 2019, Hipgnosis transferred its entire issued share capital to the premium listing segment of the Official List of the FCA and to the London Stock Exchange's premium segment of the Main Market, and in March 2020 became a constituent of the FTSE 250 Index.
About The Family (Music) Limited
The Company's Investment Adviser is The Family (Music) Limited, which was founded by Merck Mercuriadis, manager or former manager of globally successful recording artists, such as Elton John, Guns N' Roses, Morrissey, Iron Maiden and Beyoncé, and hit songwriters such as Diane Warren, Justin Tranter and The-Dream, and former CEO of The Sanctuary Group plc. The Investment Adviser has assembled an Advisory Board of highly successful music industry experts which include award winning members of the artist, songwriter, publishing, legal, financial, recorded music and music management communities, all with in-depth knowledge of music publishing. Members of The Family (Music) Limited Advisory Board include Nile Rodgers, The-Dream, Giorgio Tuinfort, Starrah, Nick Jarjour, David A. Stewart, Bill Leibowitz, Ian Montone, Rodney Jerkins, Bjorn Lindvall and Chris Helm.
Location: United Kingdom, England, London
Employees: 51-200
Total raised: $1B
Founded date: 2018
Funding Rounds 1
| Date | Series | Amount | Investors |
| 12.10.2021 | - | $1B | The Blacks... |
Mentions in press and media 24
| Date | Title | Description |
| 09.05.2024 | Blackstone triumphs in Hipgnosis bidding war as Concord refuses to raise offer | Blackstone has triumphed in the bidding war for Hipgnosis Songs Fund, as rival Concord Music has refused to raise its offer. In a stock exchange announcement today, Concord said it would not be increasing its offer of $1.25 per Hipgnosis sh... |
| 30.04.2024 | The Hipgnosis saga shines a spotlight on critical London failings | Amongst the stash of pop culture offerings in Hipgnosis’ rights catalogue are those of the legendary music producer Jimmy Iovine. The impresario sold his future royalties to the investment vehicle, including the production rights to the Emi... |
| 22.04.2024 | Blackstone хочет купить инвестфонд Hipgnosis Songs Capital за $1,5 млрд | - |
| 28.03.2024 | Hipgnosis lost millions due to inflated growth projections, independent valuation reveals | Inflated growth figures and overvaluation of the music catalogues led Hipgnosis Songs Fund to lose hundreds of millions over the last few years, an independent valuation of the trust has revealed. The independent valuation put the assets he... |
| 18.03.2024 | Hipgnosis admits to overcharging customers after inflating its value | Embattled investment trust Hipgnosis Songs Fund has reduced its estimated operative net asset value (NAV) by 7.6 per cent after admitting it had mistakenly double counted accrued revenue. The error inflated the trust’s operative NAV from $1... |
| 21.12.2023 | Hipgnosis Songs Fund reports revenue and asset value decline amid uncertainty over its future | Hipgnosis Songs Fund, the investment company that owns a portfolio of music and song royalty rights, has today published its delayed interim results for the six months to 30 September. The company was scheduled to publish its figures earlie... |
| 19.12.2023 | Hipgnosis Songs Fund delays results as value of company’s assets thrown into question | Hipgnosis Songs Fund, the embattled investment trust, has today delayed the publication of its results for the six months to 30 September following a dispute over asset valuations. |
| 19.10.2023 | Hipgnosis announces leadership reshuffle as it gears up for big vote | The board of Hipgnosis Songs Fund has decided to conduct a “strategic review” which will look at different management options as it tries to appease shareholders, who are set to vote on the continuation of the company next week. |
| 20.07.2023 | How Can Music Catalog Buyers Amplify ROI With Better Data? This Startup Counts The Ways | A man sits in front of a wall of computer-generated dataAFP via Getty Images |
| 11.07.2023 | Private equity's Taylor Swift problem | Some musical artists are following Taylor Swift's lead and re-recording their own songs when the masters are owned by someone else, as reported yesterday by The Ringer. The big question: Private equity funds have begun paying big bucks to b... |
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