GoldState Music Raises $500 Million for Music Investments

GoldState Music, founded by Charles Goldstuck, has secured a $500 million capital raise to fund further acquisitions of music rights and investments in emerging music technology. The funding comprises a structured capital facility co-led by Northleaf Capital Partners and Ares Management, as well as additional leverage, although specific terms were not revealed. GoldState emphasized that while music catalogs are its main focus, the company is also open to supporting enterprises seeking growth capital within the broader music sector. This move reflects continued investor interest in music intellectual property, even as streaming growth slows. Northleaf brings experience from previous major music rights investments, while this marks Ares Management's first publicly disclosed foray into the music asset space. GoldState aims to leverage the expertise of its new partners to build a diversified portfolio and support artists, investors, and stakeholders.