U.K. music publishing veteran Andy Heath has joined with XL Recordings founder Richard Russell and Beggars Group chairman Martin Mills to launch a new publishing company.

Heath, currently chairman of umbrella trade organization U.K. Music, has formed Beggars Music with the leading indie label executives. It will be a full service music publishing company based both at the Beggars Group headquarters and the XL Recordings offices in London.

The company will consolidate the directors' existing music publishing interests, including Heath's and Mills' interest in Mattitude Music, a New York-based publishing partnership with Matador.

Beggars Music will also be aiming to acquire and exploit new and existing copyrights. At launch its roster will include work by, among others, Yo La Tengo, Dizzee Rascal, Cat Power, Los Campensinos, Air France, the Ponys, Dark Horses and Scout Niblett.

The company has hired former 4AD Music GM Jen Willis as GM, and former V2 A&R manager Amy Morgan as creative manager.

Beggars Music will be self-administrated in the U.K. and U.S. and will use a network of independent sub-publishers and administrators internationally. Synch specialists Mixtape Music have been hired as consultants.

"Our aim with Beggars Music is to create a full service independent music publisher that delivers the best results for its clients and adds significant value to their work and career," said Heath, who takes on the role of managing director, in a statement. "We have put together a great team and are in an excellent position to apply our extensive experience to this new venture."

Mills added: "This is a tremendous opportunity for Andy and I to bring together our various publishing interests and, with the addition of Richard's unique skills, shape a great new creative and proactive publishing business."

Richard Russell said that XL "will be making all of its resources - including its studios - available to our new writers."

Meanwhile, Nude Records founder Saul Galpern has launched a new music publishing company, Nude Music. It has made a global administration agreement with Bucks Music Group; its first signing is Scottish band Broken Records, signed to 4AD for recording.

Nude Records is best known for releasing music by Suede, but it has been less active in recent years.