Round Hill’s publicly-traded UK fund has published its first set of interim financial results, for the period ended June 30, 2021. As of that date, Round Hill Music Royalty Fund Limited (RHM) had invested approximately USD $342 million. That money went on the acquisition of 38 catalogs, plus the purchase of a 29.1% stake in RH Carlin Holdings LLC.
Source: Round Hill’s UK Fund has spent $342m on acquisitions – and is buying catalogs at a multiple of 16.2x