RedBird Files to Start New Fund, Likely Targeting $2.6 Billion
RedBird Capital has filed paperwork with the Securities & Exchange Commission to launch its fourth fund. The Gerry Cardinale-led investment business has a robust sports…
private equity
Arctos Sports Buys $36 Million Stake in Italian Soccer Club Atalanta
Private equity firm Arctos Sports Partners has invested about $36 million to buy a minority stake in Atalanta, the Serie A soccer club based in Bergamo, Italy. Arctos…
Exclusive
Arctos Sports Partners Raises $1.1 Billion for Second Investment Fund
Sports-focused private equity firm Arctos Sports Partners has raised $1.1 billion for a second investment fund, bringing the firm’s total assets to more than $5…
Chelsea Suitor Boehly Aims to Stay Long on Leverage and Relationships
Chelsea, the premier English soccer club, is losing the deep pockets of ousted Russian oligarch owner Roman Abramovich. But if, as expected this week, a group led by…
True Capital’s FSW Deal Reflects Boom in Athlete Wealth, Nashville
True Capital Management (TRUE) will later this morning announce the acquisition of FS Wealth Sports & Entertainment (FSW), a Nashville-based boutique wealth advisory…
Arctos Sports Partners’ Assets Balloon to More Than $3.9 Billion
Sports private equity fund Arctos Sports Partners disclosed it began the year with $3.94 billion of assets under management, according to a recent filing with Securities…
PE Investment in League-Level Assets Gaining Momentum
The WNBA announced a groundbreaking $75 million capital raise back in early February. That announcement came less than two months after it was reported that Genius…
Exclusive
Arctos Owns 6 MLB Team Stakes, Including Dodgers, Cubs, Giants
Arctos Sports Partners has built an MLB portfolio of at least six franchises, including four of the most valuable teams in baseball, according to people familiar with…
777 Partners Acquires Belgian Soccer Club Standard Liege
U.S.-based 777 Partners has reached an agreement to acquire Standard Liège, a top soccer club in Belgium, people familiar with the deal told Sportico. Both parties have…
Exclusive
Apollo Global Has Explored Launching Sports Private Equity Fund
Apollo Global Management has explored launching a stand-alone sports private equity fund, according to multiple people familiar with the matter, though a fund start-up…
Opinion
No Longer a Rookie: The Evolution of Sports as an Asset Class
Today’s guest columnist is Jeff Moorad, principal of MSP Sports Capital, chairman of the Morgan Lewis Sports Industry team and adjunct professor at UCLA Anderson School…
Silver Lake Buying Up to 8.6% of New Zealand All Blacks
Silver Lake has reached a deal to invest up to $200 million into New Zealand Rugby, which runs the internationally famous All Blacks team as well as domestic leagues…
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