Markku Lonnqvist called Chief Investment Officer at Hipgnosis Song Management
Markku Lonnqvist hasactually been selected Chief Investment Officer of Hipgnosis Song Management reporting straight to Chief Executive Officer Merck Mercuriadis [133 articles]”>Merck Mercuriadis.
Lonnqvist signsupwith Hipgnosis from Pamplona Capital Management LLP where he was a partner for the last 17 years, handling financialinvestments throughout numerous funds both in Europe and North America.
Prior to that, he worked financialinvestment banking in London and New York for 9 years.
Hipgnosis Song Management is the financialinvestment consultant to 2 Hipgnosis-branded funds: the UK-listed Hipgnosis Songs Fund [209 articles]”>Hipgnosis Songs Fund, and the Blackstone-backed personal fund, Hipgnosis Songs Capital.
Separately, Blackstone is likewise an financier in Hipgnosis Song Management.
As such, Hipgnosis Song Management not just makes acquisitions on behalf of these 2 funds, however likewise manages marketing and licensing (sync andsoon) technique for this obtained music in order to optimize returns.
Merck Mercuriadis, CEO and creator of Hipgnosis Song Management, stated: “It’s a testimony to our facility of Songs as an possession class that somebody of Markku’s remarkable pedigree and success hasactually selected to signupwith our objective. As Hipgnosis grows and the Songs possession class grows, it is essential that we continue to establish our abilities.
“Markku’s understanding and experience will allow us to bring even more elegance to our procedures, makingsure that we continue to provide worth for financiers and songwriters alike.”
Merck Mercuriadis, Hipgnosis
“At the heart of our company will constantly be these extremely effective and culturally essential tunes which are a continuous part of the material of our lives. Markku’s understanding and experience will allow us to bring even more elegance to our procedures, makingsure that we continue to provide worth for financiers and songwriters alike.
“Markku’s consultation and a number of secret consultations in the Investment Team that are upcoming over the next coupleof weeks are clear presentations of the advantage to Hipgnosis Songs Fund investors of how we are enhancing our abilities following our collaboration with Blackstone.”
Markku Lonnqvist, Chief Investment Officer, Hipgnosis Song Management stated: “I’m a significant follower in Songs as an possession class so I’m delighted to be signingupwith the group at Hipgnosis. Merck hasactually developed the possession class and developed a market leading platform with numerous amazing financialinvestment chances in the pipeline.
“I’m looking forward to structure on the existing knowledge to makesure that our financialinvestment platform stays among the most advanced in the sector for the advantage of our financiers in both Hipgnosis Songs Fund and Hipgnosis Songs Capital as well as our songwriters.”
Earlier this month, Hipgnosis revealed that Hipgnosis Song Management – utilizing funds from Hipgnosis Songs Capital – had got a brochure of music from the Leonard Cohen estate.
That brochure consistedof interests in 278 tunes. In addition to totally obtaining the tunes composed by Cohen in the latter phases of his profession (2001-2016), Hipgnosis likewise gotten the author’s share of tunes in Cohen’s Stranger Music brochure, consistingof strikes such as Hallelujah. ( Sony [1,537 articles]”>Sony maintains ownership of the publisher’s share in the Stranger Music brochure.)
In January, Hipgnosis announced it had obtained an 80% stake in the tape-recorded music royalty stream of nation star Kenny Chesney.Music Business Worldwide
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