4 ms·
His big bet is that the assets are undervalued... Could end up exiting through the launch of a Music Royalties REIT. Liquid assets that trade always get a prem
by mrnobody_67 7y ago
His big bet is that the assets are undervalued...
Could end up exiting through the launch of a Music Royalties REIT. Liquid assets that trade always get a premium over illiquid limited partnerships. Could be an interesting asset class for diversification that's relatively uncorrelated...
Anyway, full investment prospectus for his fund is here:
https://static1.squarespace.com/static/5937f2f1bebafb1297678ff8/t/5b349487562fa750e010ad3a/1530172554717/Hipgnosis+Songs+Fund+Limited+-+Prospectus.pdf https://static1.squarespace.com/static/5937f2f1bebafb1297678...
- wtn 7y agoThat would be a royalty trust.