GoldState Music, a premier music rights investment platform has raised US$500 million in strategic capital, including a structured capital facility co-led by Northleaf Capital Partners and Ares Management funds as well as separately raised leverage. Additional terms of the private transaction were not disclosed.

“Our new relationship with Northleaf and Ares marks the next step in the evolution of our music investing strategy,” said Charles Goldstuck, Founder and Managing Partner of GoldState. “This additional capital will enable us to further accelerate our ability to capitalize on increasing demand for music and build a diversified portfolio of music assets across artists and genres. As leading institutional investors, Northleaf and Ares bring critical experience that will support GoldState’s continued growth and differentiation to the benefit of our artists, investors and other stakeholders.”

“Led by Charles, GoldState is well-positioned to execute on a disciplined music acquisition strategy, and Northleaf is pleased to support the Company and its exceptional team,” said CJ Wei, Managing Director, Private Credit at Northleaf. “Northleaf’s investment in GoldState directly aligns with our asset-based specialty finance strategy, which is designed to provide our investors with diversified and low correlation exposure while delivering strong cash yield.”

“Charles and GoldState Music bring a bold, visionary approach to music rights investment that seeks to empower artists,” said Jeevan Sagoo, Managing Director at Ares Management. “We are excited to collaborate with them and provide Ares’ deep sector and investment experience as they advance their long-term growth and value creation strategy.”