Hipgnosis Songs Fund Ltd has announced that it has raised a new mountain of cash, with gross proceeds worth over £141.5m ($185m). That brings HSFL’s total lifetime raise to just under £350m (approximately $450m), giving Mercuriadis a new warchest with which to purchase rights in the songwriter/publishing marketplace.
Source: Merck Mercuriadis’s Hipgnosis Songs Fund raises another $185m