HarbourView Equity Partners, An Investment Firm Founded By Sherrese Clarke Soares, Raises $500M In Debt Financing Backed By KKR
HarbourView Equity Partners just landed a major financial boost to supercharge its growing empire.
The Black-founded investment firm, led by Sherrese Clarke Soares, has secured $500 million in debt financing from KKR, according to a press release. The funds will be used to expand the firm’s portfolio of music, media, and sports-related intellectual property. The financing was structured by Barclays, with Barclays and KKR Capital Markets serving as placement agents and Fifth Third Bank as passive placement agent.
“We are thrilled to have KKR’s continued support as we further scale the firm,” Soares said in the press release. “This additional capital will help us accelerate our strategy to align with where the media, sports, and entertainment markets are headed. We see a tremendous opportunity to continue investing in evergreen intellectual property, which we believe is historically uncorrelated to broader market volatility and forms a powerful diversification tool.”
The new capital injection follows a $500 million credit facility expansion HarbourView Equity Partners received from KKR managed insurance vehicles and accounts, as well as other investors, in 2024.
Founded in 2021 by Soares, who previously served as CEO of Tempo Music, HarbourView Equity Partners has quickly made a name for itself by investing in “evergreen intellectual property,” creative assets that generate long-term, reliable income. That includes music catalogs that have stood the test of time across multiple generations and formats.
Since its launch, the Newark, NJ-based firm has acquired more than 70 catalogs representing over 35,000 songs from artists such as Nelly, Wiz Khalifa, and Justin Bieber, as AFROTECH™ previously reported.
Per the press release, recent investments include Usher’s 2024 concert film “Rendezvous in Paris” and an upcoming Queen Latifah biopic, in partnership with Will Smith’s Westbrook Studios, Flavor Unit, and Jesse Collins Entertainment.
With approximately $2.67 billion in regulatory assets under management, per the press release, HarbourView Equity Partners continues to show how strategic investments in intellectual property, especially Black cultural capital, can offer long-term financial and cultural returns.
