The fast-growing world of esports gaming is attracting more family office investors as a new deal underlines. British finance billionaires Michael Spencer and Alan Howard through their family offices have invested in London-based esports gaming group, Excel Esports. Spencer’s investment group IPGL and Howard’s unnamed family office, believed to be based in an offshore jurisdiction, have participated in an unspecified funding round for Excel worth €20 million. The deal was led by JRJ Group, a London private equity fund founded by Jeremy Issacs, a well-known UK financier who used to head of Lehmann Brothers in Europe.
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