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ABBA Star and EQT Founder Raise €1 Billion for New Music Fund

Summary by Bloomberg
A Swedish investment firm co-founded by ABBA star Bjorn Ulvaeus raised €1 billion ($1.1 billion) for its first music fund in a move underscoring the depth of investor demand for the right kind of assets.

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Swedish investment company Pophouse Entertainment Group, founded by Björn Ulvaeus, producer, composer and member of legendary Swedish pop group ABBA, and Conni Jonsson, founder of the investment company EQT, has raised $1 billion for its music fund Pophouse Fund I. Eur.

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Bloomberg broke the news in United States on Monday, March 31, 2025.
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