HarbourView Equity Partners has agreed to purchase select catalogue assets from the Grammy-winning producer and singer-songwriter Rodney “Darkchild” Jerkins.
The multi-strategy investment firm’s deal was facilitated by Swedish music technology company, Chapter Two, which specialises in advanced royalty data analytics and music rights transactions. Terms of the transaction were not disclosed.
Jerkins’ discography includes some of the most recognisable songs and albums of the last 30-plus years. He has worked with Michael Jackson, Beyoncé, Whitney Houston, Lady Gaga, Justin Bieber, Drake, SZA, Monica, Toni Braxton and Mary J Blige.
Jerkins’ long list of hits includes Joe’s Don’t Wanna Be a Player, Mary J. Blige/Lil' Kim’s I Can Love You, Brandy & Monica’s The Boy is Mine, Monica’s Angel of Mine, Destiny’s Child’s Say My Name, Justin Bieber’s As Long As You Love Me, Lady Gaga/Beyonce’s Telephone, H.E.R.’s Hard Place and Sam Smith’s Stay With Me.
“At HarbourView, our mission is to curate a canon of work that represents the very best of global culture which is why it is essential that the contributions of legendary creators like Rodney Jerkins continue to be recognised, preserved and celebrated," said Sherrese Clarke, founder and CEO of HarbourView. "We are honoured to welcome him to the HarbourView family and humbled by his decision to join us.”
“HarbourView truly understands the value of music and the people who create it,” said Rodney “Darkchild” Jerkins. “Music creators deserve respect and clarity when it comes to selling their life’s work, and working with both HarbourView and Chapter Two has made that process feel seamless.”
“This transaction is a clear sign that creators are realising the true value of their work faster and more transparently than ever before,” said Michel Traore, CEO of Chapter Two. “Rodney is setting a new benchmark in the industry, and we thank HarbourView for their vision in working with us.”
Since its inception in 2021, HarbourView has amassed roughly $2.67 billion in regulatory assets under management including over 75 music catalogues, as well as investments in two media production companies, Macro and Mucho Mas Media.
The diversified catalogue includes around 41,000 songs – across both master recordings and publishing income streams – by T- Pain, James Fauntleroy, George Benson, Luis Fonsi, Noel Zancanella, Fleetwood Mac’s Christine McVie, Pat Benatar, Neil Giraldo, Nelly, Jeremih, Wiz Khalifa, Kane Brown, Full Force and more.
Fox Rothschild served as legal counsel to HarbourView in this transaction. Jerkins was represented by Pamela L Klein of Rossi Baldivia Klein Fine & Spector.
Photo credit: Andre Saint Louis
