Skip to content

A $200 Million Music Investment Fund Will Scour Industry for Artist, Tech Deals

  • Son of famed PE pioneer still sees opportunities in industry
  • Pincus says tougher investment climate plays to his strength
Matt Pincus
Matt PincusSource: Alexi Lubomirski/MUSIC
Updated on

After selling his last company, Songs Music Publishing, for about $160 million, Matt Pincus started making new deals across the record industry. The more he did, the more he realized there were few companies focused solely on music investments. So he started another one.

Pincus is announcing Thursday that he has raised about $200 million from Jonathan Soros’s JS Capital Management, Schusterman Family Investments and the merchant bank LionTree LLC to create a new company that will invest exclusively in music assets. That sum includes money he’s putting in the business, which is called Music.