Northleaf leads US$100m asset-backed second lien facility to Cutting Edge Group

Northleaf Capital Partners (Northleaf), a global private markets investment firm, today announced that it served as the lead arranger of a US$100m asset-backed second lien credit facility to Cutting Edge Group (CEG), an established investor in and manager of niche media music rights. Headquartered in London, CEG’s portfolio of music film, tv and wellness music assets is highly diversified with more than 2,000 titles across soundtrack albums, publishing assets and royalty income streams, including music that has been featured in productions such as The Office, Ted Lasso, NCIS: Los Angeles and Stranger Things, among others.

"Northleaf's investment in Cutting Edge is a great fit for our asset-based specialty finance strategy which seeks to provide our investors with diversified and low correlation exposure,” said David Ross, Managing Director & Head of Private Credit at Northleaf. “This investment represents an attractive addition to our investors’ portfolios.”

All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.