Primary Wave Music IP Fund 4 is the fourth consecutive oversubscribed fund from Primary Wave, which says the vehicle is the “largest dedicated closed-end music royalties fund raised to date in the industry”. The fund was backed by a global investor base spanning insurance companies, pension funds, endowments, and large family offices, according to a press release, which also noted that Primary Wave is a strategic partner of financial giant Brookfield Asset Management.
Source: Primary Wave raises $2.2 billion for fourth music fund