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"
News By Lisa Henderson | 15 April 2025
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, which will acquire music catalogues and IP, is already approximately 30% deployed via artist partnerships with KISS, Cyndi Lauper, Avicii and Swedish House Mafia.
Additional partnerships with “some of the world’s most recognisable and influential names in the global music industry” are also in the works.
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