HarbourView, KKR Ink $500 Million Financing Backed by Music

HarbourView Equity Partners, the investment firm that owns music royalties for artists including Fleetwood Mac and Wiz Khalifa, has raised $500 million in debt financing from vehicles managed by KKR & Co., according to a statement reviewed by Bloomberg News.

The raise is backed by HarbourView’s music portfolio and follows a $500 million financing by KKR for the Newark, New Jersey-based firm last year.

HarbourView plans to use the funds to scale up, to add to its portfolio of music content and to push deeper into film and TV-rights management, Sherrese Clarke, HarbourView’s founder and chief executive ...