LONDON—April 22, 2024— Crestline Investors (“Crestline”), a global alternative investment manager, and Dynamite Songs, an independent music rights venture founded by industry veteran Alan Wallis and other partners, have announced a strategic alliance to buy and build a diversified portfolio of music copyright assets.
Led by Crestline’s European Capital Solutions team, this transaction marks the second collaboration between the two groups, with Crestline having previously served as the strategic capital partner in the initial launch and ramp of Mojo Music & Media. Following a successful sale of the Mojo catalogue to Concord Music in late 2023, Alan and colleagues Sophie Brown and Tom Donovan (Mojo colleagues), along with Peter Thomas (former Carlin Music), launched music-royalties platform, Dynamite Songs, with the support of the Crestline Europe team.
“We are thrilled to bring the band back together again,” said Chris Marchak, Director at Crestline. “Alan and his team are truly best-in-class, and we are delighted to back their efforts to aggregate a portfolio of well-established music copyright assets, expertly managed under the Dynamite name.”
“In our five years of partnership with the Crestline team, we have seen firsthand their ability to serve as a long-term strategic ally. Their creative sensibilities and flexible capital make them invaluable supporters of our growth strategies in the music royalty space,” said Alan.
About Crestline Investors:
Crestline Investors, Inc., founded in 1997 and based in Fort Worth, Texas, is a global institutional investment management firm with approximately $18 billion of assets under management. The firm’s London-based affiliate Crestline Europe, LLP specializes in direct private capital investments in resilient industry sectors which are either asset backed or demonstrate defensive cash flow profile in developed markets of Europe. Crestline Investors, Inc. maintains affiliate offices in London, New York City, Toronto and Tokyo. For more information, please visit www.crestlineinvestors.com. This financial promotion is issued by Crestline Management, LP and Crestline Europe, LLP (together "Crestline"). Crestline Europe, LLP is authorised and regulated by the Financial Conduct Authority (FCA).
This financial promotion is issued by Crestline Management, LP and Crestline Europe, LLP (together "Crestline"). Crestline Europe, LLP is authorised and regulated by the Financial Conduct Authority (FCA). The material is not intended to be a formal research report and nothing in this presentation should be interpreted to state or imply that past results are an indication of future performance. Any opinions expressed herein are our current opinions only. There can be no assurance or guarantee that Crestline's investment strategy will achieve its stated goal. All information provided in this presentation is for informational purposes only Crestline accepts no liability for loss arising from the use of this material. In the United Kingdom, this communication is being made only to, or directed only at, persons who are: (i) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“FP Order”); (ii) high net worth companies and certain other entities falling within Article 49 of the FP Order; or (iii) any other persons to whom such communication may lawfully be made. It must not be acted, or relied, upon by any other persons.
