Hipgnosis Songs Fund Raises a Cool $185 MM in an Oversubscribed Round

Merck Mercuriadis' Hipgnosis Songs Fund Ltd (HSFL) has announced a new round of funding with gross proceeds of $185m (£141.5m). Mercuriadis raised over $260m (£200m) in the first round of funding for HSFL last summer. Since then, he's spent big money to acquire stakes in some of the most celebrated songwriter catalogs in music history. […] The post Hipgnosis Songs Fund Raises a Cool $185 MM in an Oversubscribed Round appeared first on Digital Music News.