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KKR Takes Stake in OneRepublic Frontman’s Music Catalog

  • Deal includes band’s music, songs written with Beyonce, Adele
  • Investment is through KKR’s Dislocation Opportunities Fund
Ryan Tedder
Ryan TedderPhotographer: Mark Horton/WireImage/Getty Images

KKR & Co. has taken a majority stake in the music catalog of OneRepublic and songs its lead singer wrote with artists including Beyonce, Adele and U2.

The stake includes music publishing and recorded music rights for nearly 500 songs from the pop-rock band as well as music frontman Ryan Tedder wrote with other artists, according to a statement Monday. Tedder will retain a stake in his music, and representatives Patriot Management and Mtheory are also participating in the deal.