The firm’s second entertainment fund targets film, TV and music assets

The move strengthens Pipeline’s music asset underwriting platform

Seeks to become “the largest funder of independent music globally”

Crayhill Capital Management has provided the financing

The fund is a joint venture between the rapper and mogul’s investment firm, MarcyPen Capital Partners, and Korea’s Hanwha Asset Management

The joint venture will develop and manage new venues within Saudi Arabia

The milestone coincides with its fifth anniversary

The advance and catalog acquisition company intends to “scale its efforts”