Billboard

BUSINESS AND FINANCE

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Sherrese Clarke Soares

FOUNDER/CEO, HARBOURVIE­W EQUITY PARTNERS Since launching HarbourVie­w Equity Partners a year ago, Clarke Soares has invested in over 40 music catalogs, providing finance to a wide range of artists in exchange for the rights to collect royalties on their music. Her fast-growing portfolio spans genres from country to Latin but includes stakes in a swelling number of major hip-hop titles, such as Travis Scott’s “5% TINT,” Mobb Deep’s “Shook Ones, Pt. II” and “Motorsport” from Migos, Nicki Minaj and Cardi B, as well as R&B hits including Usher’s “Caught Up” and TLC’s “Waterfalls.”

Rene McLean PARTNER/FOUNDING ADVISOR, INFLUENCE MEDIA PARTNERS

Influence Media Partners continues to confirm hip-hop and R&B’s value in the marketplac­e with impressive catalog acquisitio­ns. The company’s latest: hiphop superstar Future, whose eight-figure deal encompasse­s more than

600 songs from 2004 to 2020. Other major acquisitio­ns include copyrights by hitmaker Tainy (Cardi B’s “I Like It” with Bad Bunny and J Balvin) and The Stereotype­s (Bruno Mars’ “24K Magic”). “Hip-hop and R&B finally have a real seat at the table in the increasing­ly robust music rights marketplac­e,” says McLean. “We have every intention to double or triple our commitment over the next year.”

Michelle Richburg PRESIDENT/CEO, RICHBURG ENTERPRISE­S

“Every day I woke up to be the best,” says Richburg. “I did not think about the challenges and the uphill battle. Every day I had to underpromi­se and overdelive­r.” A single Black mother who raised a son while building a company, Richburg has been a leader in the music industry’s lean toward greater inclusion. Richburg Enterprise­s is the tax firm of record for the $100 million Warner Music Group/Blavatnik Family Foundation Social Justice Fund. A member of the Recording Academy since 2021, she also is a faculty member at the WMG Global DEI Institute, which the music group described as “a hub of innovation, learning, growth and action to drive impactful change at WMG and beyond.”

 ?? ?? Sherrese Clarke Soares at HarbourVie­w Equity
Partners has invested in copyrights including Usher’s hit “Caught Up.”
Sherrese Clarke Soares at HarbourVie­w Equity Partners has invested in copyrights including Usher’s hit “Caught Up.”

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