Latest news with #sportsinvesting
Bloomberg
4 days ago
- Business
- Bloomberg
Apollo, Ares Aim for Bigger Role Backing Sports Leagues, Teams
Apollo Global Management Inc. and Ares Management Corp. are both pushing deeper into sports investing, the latest multibillion-dollar alternative asset managers to put more money into the booming sector. Ares is preparing to launch a media and entertainment fund designed for individual investors, a departure from the traditionally exclusive nature of sports finance. The semi-liquid fund will target both debt and equity investments across sports leagues and businesses.
Bloomberg
4 days ago
- Business
- Bloomberg
Ares Launches Sports and Media Fund for Wealthy Investors
By and Silas Brown Save Ares Management Corp. is debuting a new media and entertainment fund targeting individual investors, bringing the typically exclusive world of sports investing to the retail segment. The alternative asset manager has begun talking to investors about the strategy, which will make debt and equity investments in sports leagues, teams and sports-related businesses, as well as media and entertainment companies, according to people familiar with the matter.
