The $282m figure is $93m smaller than the $375m raise that Round Hill targeted last month in the announcement of the intention to float its new fund. Commenting on the IPO, Trevor Bowen, Chair of Round Hill Music Royalty Fund Ltd said: “When considered against the global turbulence prevalent during the IPO process due to Covid-19, this achievement clearly demonstrates a strong investor appetite for both the music royalty asset class… and the recognized expertise of the Round Hill team as an investment manager in this sector.”
Source: Round Hill fund raises $282m ahead of London IPO this Friday