Jazz Owner Sees $1B Opportunity for Tech to Grow Through Sports
Ryan Smith, owner of the NHL’s Utah Hockey Club and NBA’s Jazz, announced a new investment firm Tuesday aiming to help tech companies use sports as a growth…
Investment Funds
The Minds Behind Stuffed Crust and Toasted Subs Tackle Sports Bars
Sports bars are both ubiquitous and one of the most difficult concepts to replicate. There are thousands of one-off sports bars in the country, but sports bar chains…
‘Weird’ Cordillera Dives Into Sports With Pro Triathlon Purchase
San Francisco-based fund Cordillera Investment Partners specializes in what it calls weird investments, owning marinas and developing almond orchards as well as more…
Morgan Stanley Sports Index Faces Familiar Headwinds
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. It’s no secret that the growth in…
Manchester United Investor Lindsell Train Slashes Holdings
British investment manager Lindsell Train has slashed its ownership stake in Manchester United by 20% in the latest quarter, according to a filing with the Securities…
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…
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…
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