The sale of the private asset-backed securitization follows a prior ABS led by KKR in March 2024.
The two-time Grammy-winning producer and songwriter is known for his work on Destiny's Child's "Say My Name" and Sam Smith's "Stay With Me," among many other hits.
The "Buy U a Drank" and "I'm N Luv (Wit a Stripper)" singer says he's excited for his next chapter: "I don't plan on stopping anytime soon."
The 10-time Grammy winner’s catalog includes triple-platinum album Breezin’, featuring the crossover hit "This Masquerade."
Fauntleroy's list of writing credits includes collaborations with Bruno Mars, Justin Timberlake, Beyoncé, Rihanna, Kendrick Lamar and Stevie Wonder, among others.
The acquisition includes certain producer income streams and music publishing assets.
The private asset-backed security was led by KKR with participation by Kuvare Asset Management.
The singer's hits include "Don’t Tell Em," "Birthday Sex" and "Oui."
The owner of assets including Luis Fonsi’s “Despacito” and Nelly’s “Hot in Herre” now has an additional $100 million in debt capacity.
The deal covers “select” assets from the country star.
