HarbourView Equity Partners has acquired producer royalties belonging to David Kershenbaum, whose catalog includes his production credit on Tracy Chapman’s “Fast Car.” The deal was announced Thursday, September 3, with financial terms undisclosed.
The acquisition adds to HarbourView’s growing catalog holdings as the firm continues its push toward surpassing $4 billion in assets under management. The deal underscores continued investor appetite for producer and songwriter royalty streams tied to enduring hit catalogs.
Read the full story at Music Business Worldwide.