Kobalt Sells Fund II, With Songs by the Weeknd, Lorde, to KKR Venture for $1.1 Billion

As expected, the global investment firm KKR and Kobalt Capital Limited have announced that KKR, together with its co-invest partner, Dundee Partners, the investment office of the Hendel family, have purchased the KMR Music Royalties II portfolio from KCL for approximately $1.1 billion.

Source: Kobalt Sells Fund II, With Songs by the Weeknd, Lorde and More, to KKR Venture for $1.1 Billion