Round Hill Music plans to raise $375m via an IPO on the London Stock Market

By Emmanuel Legrand

Round Hill Music, a New York-based private equity firm investing music copyright assets, has outlined plans to be listed on the London Stock Exchange, with the goal to raise up to $375 million. RHM will make the jump through Round Hill Music Royalty Fund, based in Guernsey. The company said it plans to deliver annual returns between 9 and 11%.

Since its launch in January 2011, RHM has spent some $650m in acquisitions, building a catalogue of over 120,000 songs from 78 music catalogues as well as 75 investments in administration or co-publishing opportunities.

  “The prospect of offering investors the opportunity to potentially own a seed portfolio comprised of a flagship collection of Round Hill’s assets that has been carefully curated by our team over the past decade is very exciting,” said Round Hill Chief Executive Josh Gruss. “Round Hill as a business has carefully created a catalogue of songs that are timeless and high quality and we look forward to having the opportunity to develop and diversify the business further as a listed entity in London.”