Shamrock Capital Closes $813M Content Acquisition Fund
The investment firm’s latest content strategy raise was oversubscribed
Shamrock Capital has closed a new content acquisition fund with total capital commitments of $813 million. The ‘Shamrock Capital Content Fund IV’ is the fourth within the firm’s Content Strategy, which now exceeds more than $3.3 billion in assets under management across equity and debt products.
Funding focus:
As per Music Business Worldwide, the fund will target “entertainment rights including music, film, television, sports, video games, and creator economy opportunities.”
To date, Shamrock’s Content Strategy has seen it acquire the masters of Taylor Swift’s first six albums from Ithaca Holdings for a reported $405 million, which it then sold to Swift last year for an undisclosed amount.
Other music assets acquired include the Stargate publishing catalog and more than 150 songs by Calvin Harris, as well as film and television rights.
What they said:
Patrick Russo, Partner and Executive Committee member at Shamrock: “For more than a decade, we have invested in content and media rights, and this fundraise reflects the depth of the expertise and platform we have built at Shamrock. Our team brings proven experience across film, television, music, gaming, sports and beyond, which allows us to underwrite complexity and structure investments with a high degree of conviction.”
He added: “As content becomes more global, more valuable, and more complex to finance, we believe the need for sophisticated, long-term capital partners has never been greater. We have built our strategy to meet that need for content creators and rights-holders worldwide. We are grateful to our existing and new investors for their support and energized by the compelling opportunities ahead of us across the global content ecosystem.”
👋 Disclosures & Transparency Block
This story was written with information from Music Business Worldwide.
We covered it because it’s news of a significant new capital raise.
