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.
The company also purchased a share of Pat Benatar and Neil Giraldo's publishing and recorded music assets.
The acquisition includes his publishing interest in collaborations with Justin Bieber, Pharrell Williams and others.
The acquisition includes hits like "See You Again" and "Black and Yellow."
