The deal covers “select” assets from the country star.
Jordan Davis, the Morgan Wallen smash “You Proof” & Sony Music Publishing also earn top honors.
The $5 billion in gains, up 16% in constant currency, were equally split between recorded music and publishing, according to the annual report from Will Page.
The Mexican singer’s Colmillo de Leche, released in May, scored him his first top 10 on the Top Latin Albums chart.
“As institutional investors, it comes down to what is your time horizon?” says Concord CEO Scott Valentine.
TaP Music, her former management company, sold the rights back to Lipa over a year after she left the firm.
"The ultimate goal for the company is to be truly a place to develop artists,” The Neal Agency's Austin Neal tells Billboard.
This marks Kobalt's return to managing investment for outside capital after selling its two Kobalt Capital funds in recent years.
"We have zero tolerance for this behavior," Boom Music Group said in a statement.
Songwriter Justin Tranter and country artist and podcast host Rissi Palmer were also honored.
