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His big bet is that the assets are undervalued...

Could end up exiting through the launch of a Music Royalties REIT. Liquid assets that trade always get a premium over illiquid limited partnerships. Could be an interesting asset class for diversification that's relatively uncorrelated...

Anyway, full investment prospectus for his fund is here: https://static1.squarespace.com/static/5937f2f1bebafb1297678...




That would be a royalty trust.




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