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MacNicol & Associates Highlights Landmark Acquisition by ICM Crescendo Music Royalty Fund
MacNicol & Associates Highlights Landmark Acquisition by ICM Crescendo Music Royalty Fund

Associated Press

time04-04-2025

  • Business
  • Associated Press

MacNicol & Associates Highlights Landmark Acquisition by ICM Crescendo Music Royalty Fund

Mariah Carey's 'All I Want for Christmas Is You' TORONTO, Canada, April 4, 2025 (EZ Newswire) -- MacNicol & Associates Asset Management (MAAM) is pleased to spotlight a landmark addition to the ICM Crescendo Music Royalty Fund, a partner within MacNicol's Alternative Trust. The fund has officially acquired rights to Mariah Carey's iconic holiday anthem, 'All I Want for Christmas Is You"—a globally recognized cultural phenomenon and one of the most commercially successful songs of all time. Originally released in 1994, the chart-topping classic has achieved: 16x Platinum certification Billions of global streams Record as the highest-charting holiday song in Billboard history This acquisition exemplifies the strategy of securing premier music assets with enduring cultural relevance and predictable, long-term cash flows. As a key holding within MacNicol's Alternative Trust, this investment enhances the portfolio's exposure to non-correlated, income-generating assets. 'We're proud to align with sponsors with a commitment to quality and innovation in the alternative investment space,' said David MacNicol, President and Portfolio Manager at MAAM. 'Investments like this represent exactly what our investors and financial professionals are seeking today—unique, stable, and resilient income streams that are not dependent on traditional markets.' The strategy of continuing to expand the catalog of streaming assets that transcend generations, offering uncorrelated exposure to the booming music IP and royalties sector. For more information about MacNicol & Associates' alternative investment strategies or to learn how the Alternative Trust fits into a diversified portfolio, visit or contact [email protected]. MacNicol & Associates Asset Management (MAAM) is a boutique asset management firm specializing in alternative investments, family office services, and long-term wealth preservation. Through tailored portfolios and exclusive investment opportunities, MAAM serves sophisticated investors and financial professionals across Canada and the United States. For more information, visit

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