Marc Lasry Sports Fund Raises $445M as It Pursues NWSL’s Angel City
Former Milwaukee Bucks co-owner Marc Lasry has raised more than $445 million in his Avenue Sports Opportunities Fund, according to two documents filed with the…
Investment Funds
CiCi Bellis Invests in Hologram Tech, Joins William Shatner, Paris Hilton
Retired tennis pro turned venture capital investor CiCi Bellis has closed on her first investment, a stake in hologram tech firm Proto. The investment is through her…
Arctos to Test Sports Investment Model With Private Markets Fund
Arctos Sports Partners has pioneered the model of successfully investing in limited partnerships of sports franchises. Now the private equity firm plans to roll out the…
Bobby Sharma Rolls Out $300 Million Bluestone Sports Fund
Sports investing veteran Bobby Sharma has rolled out a $300 million sports-focused private equity fund, Bluestone Equity Partners. Bluestone is seeking to acquire…
Buffett-Loving Fund Manager Sees Big Bets on WWE, ManU Paying Off
WWE and Manchester United share a common feature: One of their largest shareholders is a quiet English fund manager who loves beer and candy, and readily quotes Warren…
Harris Blitzer Vet Abrams, Sportradar’s Rees Launch Sports Fund
David Abrams and Arne Rees have launched Velocity Capital Management, an investment fund focusing on the intersection of sports, media and entertainment. The fund…
Alt Raising Another $17 Million for Sports Card Investment Fund
Sports collectibles platform Alt seeks an infusion of $16.9 million in new funds to expand its sports card investment fund, according to a filing with the Securities…
Collectibles App Rally Raises $15 Million More as Stars Pile In
Collectibles trading app Rally has raised another $15 million in an oversubscribed Series B funding round, as the platform looks to cement itself as the go-to…
New York Giants, Yieldstreet Deal Marks New Era in NFL Investment
A New York-based investment firm is partnering with one of the region’s most revered sports franchises, as fintech company Yieldstreet has inked a multi-year deal with…
Prime
Arb Traders Weigh on Sports SPACs as Fund Indicator Fails
RedBall SPAC, famously led by Gerry Cardinale and Billy Beane, has the most institutional shareholders of sports-focused special purpose acquisition companies on the…
Neil Leibman, Bill Yates Buy Stakes in NWHL Teams In Sports Fund Debut
Texas Rangers president and co-owner Neil Leibman and Sports Advisory Group senior partner Bill Yates have formed Top Tier Sports, an investment group that just…
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…
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