Firebird Partners with Ares and Raine Group to Launch $750 Million Music Catalog Acquisition Fund
By
Ethan Millman
Summary
Firebird, a music and artist management company, has announced a $750 million catalog acquisition fund in partnership with investment firm Ares Management and advisory firm The Raine Group. Ares is also directly investing in Firebird, with Ares managing director Jeevan Sagoo joining Firebird's board of directors. The fund is aimed at acquiring music catalogs and IP rights.
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Key quotes
· 2 pulledThis is an exciting chapter for Firebird.
With the invaluable partnership of Ares and expansion of our longstanding
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