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This new fund from an ex-BlackRock exec is bringing the Wall Street playbook behind music royalties to tech
Yahoo Finance·2025-09-16 00:00

Caspar Macqueen was an executive at BlackRock before starting his own asset manager.Althera42 Althera42 is a new fund launched by a former BlackRock executive and a longtime private markets investor. The fund, which hopes to raise $300 million, will invest primarily in tech companies in Europe and the UK. Althera42 does not receive equity stakes from its investments; instead, the manager gets a portion of future revenues. Royalties from artists like Fleetwood Mac or Justin Bieber have become big b ...