Bob Marley

Primary Wave Sells $375M Stake to Oaktree Capital to Complete New Fund

13 days ago   |   By Billboard

Oaktree Capital Management has paid $375 million to acquire a significant minority stake in Primary Wave Music, the companies announced Friday. A portion of that investment will be used to complete funding for a new commingled music intellectual property fund, which Primary Wave established earlier this year.
Primary Wave Music operates music publishing, record label and artist management divisions and runs two commingled funds it started in 2016 and in 2019. Those music asset funds and the new investment mean that the company now has $1.7 billion under management.
Since then, Primary Wave...
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Primary Wave lands $375M Oaktree Capital investment

13 days ago   |   By Hypebot

Primary Wave Music has landed a $375 million investment from Oaktree Capital Management. Oaktree will now own a minority interest in the leading independent music publishing company which owns or controls the.
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