Pophouse Entertainment closes €1bn+ fund

The firm behind ABBA Voyage has claimed "one of the largest first-time private equity funds to be raised in Europe in the last decade"

Pophouse Entertainment, the Sweden-based music investment firm behind ABBA Voyage, has raised over €1.2 billion for its debut fund.

The Stockholm-based company announced that Pophouse Fund I reached its hard cap, adding that it was “one of the largest first-time private equity funds to be raised in Europe in the last decade”.

In addition, Pophouse raised over €200m in secured capital through dedicated co-investment vehicles, “providing investors the opportunity to invest alongside the Fund and participate in select transactions”.

The Fund,…

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