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 Securities & Exchange this week. Billionaire Lasry launched the fund in October to focus on “a wide variety of sports teams, leagues, owners, sports-related media and entertainment rights, sports-related real
A financial services executive who made hundreds of millions of dollars selling a payments firm in recent years has committed to invest in the Blue Owl NBA fund, according to a report. Private equity and venture capital-focused Pitchbook reported Thursday that CapStone Holdings has committed to invest an undisclosed amount of money with the Blue
Mumbai: Traditional companies trumped new age firms to emerge as the favourite of private equity and venture capital investors. Legacy companies cornered bulk of PE-VC investments in 2023 due to their established business models. The investments have been largely led by PE funds that have been more inclined to back legacy firms. Over the years,
Josh Pandolfi, managing director and senior portfolio manager at financial technology company Pontoro, explains how institutional investors can better access infrastructure debt – and discusses why infrastructure bank loan investments would provide a creative and efficient solution to the banks’ current balance sheet crisis. I never thought I’d have the chance to fly over the
Private equity companies are reportedly stepping up efforts to compete with banks on low-interest loans. For example, the Financial Times (FT) reported last week, Apollo Global has increased its long-term forecasts for its lending business, telling investors it expected to be able to originate more than $200 billion a year in new loans, up from $150 billion. Apollo Co-President
Successful Close of 10th Fund Reflects Strong Support of Firm’s Longstanding Focus on Investing in the Lower Middle Market BOSTON, May 01, 2024–(BUSINESS WIRE)–HighVista Strategies, LLC (“HighVista”), an alternative asset manager pursuing specialized investments in public and private markets, today announced the final close of HighVista Private Equity X, LP. The fund closed on $675