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

BMG Reports Record Profit for 2024 as Digital Revenue Jumps 16 Percent

The music giant touted hit releases from Rita Ora, Jelly Roll, and Kylie Minogue and how it invested approximately $540 million in catalog acquisitions and signings last year.

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

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.

Pophouse, co-founded by ABBA's Björn Ulvaeus, pulls in over €1.2bn for debut music catalogue capital raise

Music and entertainment investor Pophouse has raised more than €1bn to close its debut fund, targeting music catalogues and IP. The post Pophouse, co-founded by ABBA’s Björn Ulvaeus, pulls in over €1.2bn for debut music catalogue capital raise appeared first on AltAssets Private Equity News.

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.