Ogier have assisted first-of-its-kind music fund Hipgnosis Songs Fund Limited with its latest £75 million fundraising.
The shares in Hipgnosis, which owns music from artists including Shakira and Metallica, were admitted to trading on the Main Market of the London Stock Exchange on 10 February 2021.
Hipgnosis is the first UK listed investment company offering investors a pure-play exposure to songs and associated musical intellectual property rights.
Hipgnosis is a Guernsey registered investment company and was founded by Merck Mercuriadis, the former manager of globally successful recording artists, such as Beyoncé, Elton John, Morrissey, Iron Maiden and Guns N’ Roses.
The Ogier team included partner Craig Cordle (Picture), senior associate Charlotte Brown and associate William Schofield.
Involved fees earner: Charlotte Brown – Ogier LLP; Craig Cordle – Ogier LLP; William Schofield – Ogier LLP; Law Firms: Ogier LLP; Clients: Hipgnosis Songs Fund Limited Ltd;