Hipgnosis Songs Fund’s assets are now valued at $690 million less than they were before. Blackstone must be licking its lips.

Credit: Jack Fordyce/Shutterstock
Blackstone, via the Hipgnosis Songs Capital (HSC) vehicle, acquired Justin Bieber's publishing rights last year (plus a recorded music income stream to his music) for around $200 million. Could Blackstone soon be adding Hipgnosis Songs Fund's portfolio to its privately-owned collection?

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