KKR Invests in Music Catalog of Ryan Tedder and OneRepublic - Seite 2

“KKR’s collaborative approach across investment strategies allows us to provide highly flexible and creative capital solutions to artists and companies across the music and entertainment industry. We are looking forward to partnering with Ryan and other leading artists to support their art and innovation,” added Jenny Box, Partner at KKR.

“Ryan is one of the most creative artists of our time,” said Ron Laffitte, President of Patriot Management. “We were looking for a strategic partner to help us build on Ryan’s incredible success and find new ways to empower his artistic genius. KKR stood out immediately because they understand that the artist should be at the center of everything that involves the creator’s creation.”

KKR has experience investing in artist-centric businesses, including household names in the music industry such as Gibson Brands, Alpha Theta (f.k.a. Pioneer DJ) and BMG. KKR also has broad experience investing in the digital media and content sectors, including investments in ByteDance (TikTok), Jio Platforms, Epic Games, AppLovin, OverDrive, RBmedia, WebMD, UFC, Leonine, Next Issue Media and Nielsen.

“We believe that KKR, with its ability to leverage its vast investment platform to bring innovation to our industry, will be the ideal partner to support Ryan in his future endeavors,” said Nick Geller, COO of Patriot Management. “We are excited to work with Nat, Jenny and the rest of the KKR team on this opportunity, and to be a part of their various initiatives in the music industry going forward.”

KKR is investing in the catalog through its Dislocation Opportunities Fund and private credit vehicles. Jordan Keller and Sarah Smith of Keller, Turner, Andrews & Ghanem represented the Sellers, and Latham & Watkins and FTI Consulting served as advisors to KKR on the transaction. Further terms were not disclosed.

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE:KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.