Searchlight completed a $400m investment in Chord Music Partners.

Searchlight, a private equity firm, completed a $400m investment in Chord Music Partners, a management and acquisition platform for music intellectual property. Financial terms were not disclosed. "The Chord team has built an incredibly strong and diversified platform at the forefront of music investment and evolved Chord into the desired home for the works and legacies of the world’s premier artists. Searchlight looks forward to contributing to Chord's next chapter of growth and value creation for both its artists and existing investors," Darren Glatt, Searchlight Partner.