Wall Street Will Demand More Results as Sports Relies on Its Money
Today’s guest columnist is Sportico sports finance reporter Brendan Coffey. It’s not news to people in the industry that institutional asset managers are flocking…
Ares
Ares Sports Fund Raises $2.2 Billion, Exceeding Target by Nearly 50%
The Ares Sports, Media & Entertainment fund announced it has raised $2.2 billion to invest in sports leagues, teams and sports-related franchises, according to a press…
Exclusive
Ares Raising $1.5 Billion for New Sports Fund With All-Star Board
Investment manager Ares Management is raising $1.5 billion for a new sports, media and entertainment fund, according to an investor presentation deck reviewed by…
Ares’ $1 Billion Stake in Sports Includes F1, La Liga, Padres
Private equity giant Ares Management has put more than $1 billion in investments into sports properties the past six months, including taking stakes in McLaren Racing…
More From Our Brands
Variety
John Cleese Won’t Cut Controversial ‘Life of Brian’ Scene for Stage Adaptation: ‘All of a Sudden We Can’t Do It Because It’ll Offend People’
Rolling Stone
The QAnon Shaman Is Out of Prison and Hawking Merch
ArtNews
Ilya Kabakov, Pioneering Installation Artist and Gimlet-Eyed Critic of Russia, Dies at 89
BGR
NYC lawyer in big trouble after using ChatGPT to write legal brief
SPY