Northleaf Capital Partners acted as the sole lead arranger of a US$75 million asset-backed senior secured credit facility to support the growth of Duetti, a music financing platform focused on a wide range of independent artists. The financing will support Duetti’s catalogue acquisition strategy, enabling the platform to unlock growing monetization opportunities for artists in the independent music market.

“Northleaf is delighted to support Duetti which has built a differentiated platform within an attractive and growing segment of the music market,” said CJ Wei, Director, Private Credit at Northleaf Capital Partners. “This investment represents an attractive opportunity to provide our investors with access to a highly diversified portfolio of music royalty assets that aims to generate consistent cash flows that are less correlated to the broader economy.”

“We are excited to partner with Northleaf as we enter our next phase of growth and further capitalize on the opportunity set in the independent music royalties market,” said Lior Tibon, Co-Founder and CEO of Duetti. “The Northleaf team aligned with our long-term goals and provided a capital solution customized to meet our unique and evolving needs.”

Northleaf’s private credit program seeks to provide investors with diversified exposure to private credit investments globally, with a focus on floating rate loans to middle market companies and specialty finance platforms in North America, Europe and Australia. Northleaf brings a flexible approach to investing with the ability to provide senior debt, junior debt, structured capital and equity to support leading specialty finance platforms globally.