ABOUT TEMPO

Tempo Music, founded in 2019, is a portfolio company of PROVIDENCE EQUITY PARTNERS with $650MM+ of investable capital to acquire music royalties, copyrights, and associated cash flows. PROVIDENCE EQUITY PARTNERS is a leading private equity firm with $45BN+ in AUM that specializes in media, entertainment, communications and information services investments. Tempo leverages its deep entertainment industry expertise and proprietary network of relationships to identify unique investment opportunities, delivering value to our partners in the creative community, our strategic partners, and our team. Among the first acquisitions of the venture are catalogs by award winning songwriters, JEFF BHASKER, SHANE MCANALLY and BEN RECTOR.

OUR TEAM

Sherrese Clarke Soares

CHIEF EXECUTIVE OFFICER

Sherrese Clarke Soares, is the Chief Executive Officer of Tempo Music. Clarke Soares was recruited by PROVIDENCE as the founding CEO to set, lead and execute the vision for the new venture. In addition to her role as Tempo’s chief executive, Clarke Soares will set the investment strategy for Tempo Music, chair the investment committee and serve on the board of directors. She most recently served as Managing Director at MORGAN STANLEY where she spent the last decade of her career. She founded & led, globally, the Entertainment, Media, & Sports Structured Solutions platform. Tempo Music was founded as a result of her leading the strategic structuring of a special purpose acquisition platform, structuring the initial catalog acquisitions and striking a strategic partnership with Warner Music Group.

While at Morgan Stanley, she served in several capacities during her tenure including managing the firm’s balance sheet, as Head of North American Relationship Lending - managing the origination and execution of $85BN+ in loan commitments and serving on the Capital Commitment Committee. Prior to that, she was one of three founding senior professionals tasked with developing the Entertainment Practice at CIT GROUP, where she developed the business plan, investment rationale and criteria for investment in entertainment companies. Ms. Clarke Soares graduated from Georgetown University and Harvard Business School.

Peter Phung

ASSOCIATE INVESTMENT TEAM

Peter Phung is an investment associate at Tempo Music. Previously he worked at HARRY’S, a personal grooming startup, managing the company’s debt, equity, and investment functions. Prior to that, Peter worked at MORGAN STANLEY where he helped to underwrite and structure credit facilities for technology, media, and entertainment companies to support leveraged buyouts, M&A deals and dividend recapitalizations. Peter graduated from Binghamton University (MS) and the State University of New York College at Geneseo (BS).

JOIN OUR TEAM