Ares Sports Fund Buys Stake in SailGP France Team
The Ares Sports, Media and Entertainment Fund has purchased a minority stake in the France SailGP team, the third ownership transaction in the upstart sailing league in…
The Ares Sports, Media and Entertainment Fund has purchased a minority stake in the France SailGP team, the third ownership transaction in the upstart sailing league in…
The owners of LiveBarn, a youth sports streaming service, are exploring a sale. The group has hired Raymond James to advise on the process, chief financial officer…
Two billionaire co-founders of Ares Management and asset manager Forest Road have purchased the ERT Formula E team, which has been rechristened Kiro Race Co. ahead of…
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including a spate of…
On the debut episode of Coffey Talk, Ares Management’s Mark Affolter and Jim Miller go into detail on what the NFL’s decision to allow private equity firms to invest in…
NFL owners have approved new ownership rules that will allow private equity firms to buy passive minority stakes in franchises. Owners voted Tuesday afternoon…
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. In less than a week NFL owners are…
The NFL hosted private equity executives at the league’s Park Ave. headquarters Thursday, as the world’s richest sports league moves to open its doors to institutional…
Today’s guest columnist is Sportico sports finance reporter Brendan Coffey. It’s not news to people in the industry that institutional asset managers are flocking…
The Ares Sports, Media & Entertainment fund announced it has raised $2.2 billion to invest in sports leagues, teams and sports-related franchises, according to a press…
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…
Private equity giant Ares Management has put more than $1 billion in investments into sports properties the past six months, including taking stakes in McLaren Racing…