who owns primary wave

Primary Wave Music is a privately held company founded and led by music executive Larry (Lawrence) Mestel, who serves as its CEO and a major owner. It also has significant minority owners, including Brookfield Asset Management and Creative Artists Agency (CAA), which invested in the company as strategic partners in a multibillion‑dollar deal.

Quick Scoop: Who owns Primary Wave?

Core ownership

• Primary Wave is a privately held music publishing and talent management company, founded in 2006 by Lawrence “Larry” Mestel.

• Mestel is the company’s founder and CEO and is widely described as the key executive behind Primary Wave’s strategy and growth, implying a substantial ownership and control stake.

Institutional and strategic investors

• In 2022, Brookfield Asset Management entered into a strategic partnership with Primary Wave, acquiring what was described as a “significant minority interest” in the company.

• As part of the same deal, Creative Artists Agency (CAA) also became a strategic partner and minority shareholder in Primary Wave.

• Funds managed by Oaktree Capital Management are also involved as financial backers, contributing capital and support alongside Brookfield and CAA.

What this means in practice

• There is no single public “owner” like with a listed company; instead, ownership is split between:
  • Founder/CEO Larry Mestel (controlling role).

* Large financial investor Brookfield (significant minority stake).

* Strategic minority investors like CAA and funds managed by Oaktree.

• Because it is privately held, exact percentage breakdowns of who owns what are not publicly disclosed.

TL;DR: Primary Wave is owned and controlled by its founder and CEO Larry Mestel, with substantial minority stakes held by Brookfield Asset Management, CAA, and funds managed by Oaktree, rather than by a single public shareholder.

Information gathered from public forums or data available on the internet and portrayed here.