ABBA Star and EQT founder target USD 804m for new music fund

The Swedish entertainment firm founded by ABBA star Bjorn Ulvaeus and EQT Chairman Conni Jonsson plans to raise EUR 750m for a private equity music fund with an expected first close at the end of June.

ABBA's Bjorn Ulvaeus | Photo: Uffe Frandsen/IND

BY Rafaela Lindeberg / BLOOMBERG

The Swedish entertainment firm founded by ABBA star Bjorn Ulvaeus and EQT Chairman Conni Jonsson Pophouse Entertainment says the new fund aims to invest in the intellectual property rights of as many as 20 artists, according to marketing material seen by Bloomberg News.

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ABBA Star and EQT founder target USD 804m for new music fund

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