Apex to administer new music rights fund for Barometer

Apex Group has been appointed by Barometer Capital Management Inc., an independently owned Canadian investment firm that manages > CAD1bn, to provide administration services to the Barometer Global Music Royalty Fund LP. Barometer Capital has partnered with the Kilometre Music Group Inc., a music rights management company, to launch the fund, a limited partnership with a targeted size of USD200m that will invest in a diversified portfolio of music copyrights. Apex has been mandated by Barometer Capital to provide fund administration and transfer agency services to the fund.

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