BELLA FIGURA BANKROLLED

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BELLA FIGURA BANKROLLED

4/9/24

London-based label and publisher Bella Figura Music, led by Alexi Cory-Smith, has closed a significant equity funding round to expand its portfolio of music catalogs.

Private equity firm Freshstream (a previous investor of BFM) led the round, with co-investment secured from Canadian pension fund OPTrust, a strategic family office and a Dutch private equity investor.

Cory-Smith, who founded BFM in 2022 alongside Neelesh Prabhu following a successful tenure leading BMG U.K., said: “We have achieved a lot in just over two years but there is so much more we have planned. We aim to continue building and enhancing our catalog of beautiful music while generating significant value for creators and rights owners.

“Bella Figura is built for the digital music age, unburdened by legacy systems with a strategy that truly reflects how we all access and consume music in today’s world.”

In the last six months, BFM has acquired the music catalogs of Jeff Silverman (Aloe Blacc, Adele, Lee Fields, Truth & Soul) and Adrian Wright (The Human League).

They build upon the company’s existing collection, which include David Gray’s record label IHT, R3HAB’s pre-2022 recordings catalog, and Guy Chambers’ publish catalogue, which includes Robbie Williams hits such as “Angels,” “Feel” and “Let Me Entertain You.”