Influence Media Partners Secures $360 Million in Debt Financing

Influence Media Partners has secured $360 million in debt financing through private securitization, a move designed to bolster its acquisition of music catalogs. The transaction, led by Goldman Sachs and Truist Securities with participation from BlackRock and other institutional investors, aims to expand Influence's portfolio, which includes high-profile artists like Enrique Iglesias and Future. Co-managing partner Lynn Hazan stated that this funding reflects their strategic vision focused on artist partnerships and collaboration. The company, founded in 2019, has been actively involved in the growing trend of rights-backed securitization in the music industry, having previously raised a $750 million fund for investments. This latest capital will enable Influence Media to continue acquiring diverse music rights, thus enhancing its impact in the music landscape. As interest in asset-backed securities rises, Influence's strategy positions it well for future growth.