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Excessive spending, poor systems, missing documents and misleading statements: Shot Tower Capital’s blistering assessment of Hipgnosis Song Management couldn’t be much worse
Shot Tower Capital presented its findings to the Hipgnosis Songs Fund board in a blistering document that alleges significant mismanagement by Hipgnosis Song Management. HSM immediately issued a statement saying that key parts of the STC report are “factually inaccurate and misleading”…