Shamrock Capital, Taylor Swift Catalog Investor, Sells a Stake

Shamrock Capital Advisors, an investment firm focused on companies in the media and entertainment sectors, has agreed to sell a minority stake to Bonaccord Capital Partners and RidgeLake Partners, according to people with knowledge of the matter.

The Los Angeles-based firm, led by President Stephen Royer, has about $4 billion under management and more than 20 investment professionals, according its website. Shamrock operates a growth fund investing in middle-market companies, as well as one that invests in entertainment content.

Representatives for Shamrock declined to comment, as did Ajay Chitkara, Bonaccord’s managing partner. Representatives for RidgeLake didn’t respond ...