Hipgnosis Songs Fund Limited is a Guernsey-based investment company. The investment objective of the Company is to provide shareholders with an attractive and growing level of income, together with the potential for capital growth, from investment in a portfolio of songs and their associated musical intellectual property rights. The Company’s principal activities are to invest in a diverse portfolio of song catalogues, to collect income generated across a variety of sources from the ongoing exploitation of those copyrights, and to manage the development of those assets. The Company makes its investments through its subsidiaries. Hipgnosis Song Management Ltd (HSM) acts as the Company’s investment adviser. The Company’s subsidiaries include Hipgnosis Holdings UK Limited, Hipgnosis SFH I Limited, Hipgnosis SFH XIX Limited, RubyRuby (London) Limited, Hipgnosis Songs Group LLC, PB Songs Ltd and Hipgnosis SFH XX Limited.