Professional athletes often invest their substantial earnings into small businesses, but the Golden State Warriors take it to the next level. Warriors star wing Kevin Durant talked about his personal business strategy, and his "mentors" are VCs who most techies would kill to have dinner with.
Hedge fund titan David Tepper agreed to pay $2.3 billion for the Carolina Panthers, a record price for a National Football League franchise, according to people familiar with the deal. The price eclipses the $1.4 billion Terry Pegula paid for the Buffalo Bills in 2014.
Cryptocurrencies are the wave of the future that will be ushered in by Millennials, says Tyler Adkison, a cryptocurrency hedge fund CEO. At 22, he retired as a minor league baseball player with the Los Angeles Dodgers to launch a crypto hedge fund focused exclusively on athletes.
August 03, 2017 7:42 AMSINGAPORE - GIC, Singapore's sovereign wealth fund, and the Canada Pension Plan Investment Board (CPPIB) are investing a combined US$1 billion (S$1.36 billion) in US entertainment, sports and fashion agency WME-IMG.
Sports trading company Stratagem raising a £25 million fund to bet on sports; Company set up by ex-hedge funder, run by former Goldman Sachs partner; Stratagem uses artificial intelligence to analyse football, tennis, and basketball, identifying betting opportunities; One of several startups trying to make betting markets more like financial markets.
National Pension Service (NPS), South Korea’s largest institutional investor, will be studying feasibility of backing the new administration’s plan to increase spending on public welfare infrastructure such as child and senior care centers and rental homes for the low-income class as promised by new President Moon Jae-in through purchase of public debt created for the purpose.
The company anticipates that the gain from this sale will be $6.5 million. The asset was previously occupied by Sports Authority.
Philadelphia-based venture capital firm SeventySix Capital, which invests in entrepreneurial tech, retail, sports and wellness companies, announced Monday that Ryan Howard has signed on as a partner.
Dawn Fitzpatrick manages the billions in family wealth of the investor George Soros. But she takes over at an unsettled moment for global markets....
The family office of the Reimanns, among the wealthiest families in Germany, wants to attract other rich families to a fund it has set up to invest in startups.