Swan Lake is a Canadian indie supergroup comprising Carey Mercer of Frog Eyes and Blackout Beach, Daniel Bejar of Destroyer, Hello, Blue Roses and The New Pornographers, and Spencer Krug of Wolf Parade, Sunset Rubdown and Frog Eyes. Originally playing under the moniker "Thunder Cloud", the group changed it to Swan Lake after discovering the previous name was already taken. The band released their debut album Beast Moans on November 21, 2006 through Jagjaguwar. The album was named by Mercer, after Krug described the sound as "a boar dying in a tar pit".

Enemy Mine, the second album from Swan Lake was released on March 24, 2009. The nine song album was recorded in Victoria, British Columbia in early 2008. The band claims to take a more focused effort on collaborative song writing on Enemy Mine, instead of the avant-garde mash of styles heard on Beast Moans."