Pophouse Entertainment Closes $1.3 Billion Music Rights Fund

Pophouse Entertainment Group, co-founded by ABBA's Björn Ulvaeus, has successfully closed its debut Pophouse Fund I, raising over €1.2 billion ($1.3 billion) to invest in music catalogs and intellectual property. The fund has reached its hard cap and is approximately 30% deployed through partnerships with notable artists such as KISS, Cyndi Lauper, and Swedish House Mafia. Pophouse's approach focuses on acquiring publishing, recording, and name, image, and likeness rights, aiming to create value for both investors and artists. The firm has also secured an additional €200 million through co-investment vehicles to enhance its investment strategy. Pophouse's strategy is characterized as artist-centric, enabling musicians to amplify their legacy for new generations. This fundraising milestone positions Pophouse as a significant player in the global music investment landscape.