The LA-based distribution and payment company said it will offer more advances to artists who use their catalogs for backing.
The music icon's recordings earn around $3.7 million annually in streams and synchs, Billboard estimates.
This week in publishing news: Reservoir launches JV with American Idol producer, Position Music Signs Sam Tinnesz and more.
Detroit techno legend Kevin Saunderson and Russian DJ-producer ARTY are among the fund's first catalog acquisitions.
Citrin Cooperman partner Nari Matsuura oversaw roughly 750 catalog valuations worth more than $15.5 billion between 2021 and 2022.
The producer, writer and artist has worked on hits like "Bad and Boujee," "Heartless," "Congratulations," "Creepin'," "Knife Talk" and more.
Deal includes the publishing and recording rights to the saxophonist's music.
Merck Mercuriadis' company gains a partner in film and TV through Beatclub's opportunities portal.
Included in the deal are 217 songs from TMS, adding to the 121 songs Hipgnosis has already bought from the trio of songwriters.
The deal includes Azalea's master and publishing share of her biggest hits "Fancy," "Problem," and "Black Widow."
