Hints and tips:
...Apparently, Apollo Global Management has other priorities....
...Inter Miami, which is backed by investment group Ares Management and co-owned by construction billionaire Jorge Mas and his brother Jose, has emerged as a symbol of the convergence of sports, entertainment...
...ESPN, the Disney-owned sports network that has struggled to keep up in the streaming age, is placing an aggressive wager on sports betting, an area Iger had long been wary of....
...The talent agency has an enterprise value of $7bn including debt, the people said, and had sales, largely through commissions earned by agents on its artists and sports stars, of about $1.7bn in 2022....
...The agency has ridden the boom in sports and media activity in recent years....
...of some top clubs amid a wider investment in sport....
...The consumer is willing to not only pay for the service for the right for sport, but then, within that pay for the service of right for sport, to be able to have a TV timeout....
...For Ressler, it was one of his last deals before leaving Apollo and creating Ares Management, the investment giant with more than $300bn in assets that has made him a billionaire....
...Among his targets is Steven Rubenstein, a leading New York public relations executive whose firm’s clients have included Rupert Murdoch, Donald Trump and Apollo Global Management, the private equity firm...
...Sadly, Alameda did not put any money into this harmony-loving band comprised of a pair of brothers....
...“This has a seismic scale impact in Hollywood that certainly must have the people at Endeavor talking,” said Eric Schiffer, chairman of Reputation Management Consultants....
...A “Lehman Brothers moment” it isn’t, according to Barclays....
...A listing of Fenway Sports Group LLC, the holding company for the reigning English Premier League football champions and the 2018 World Series baseball champions, would be one of the most high-profile sports...
...After all, one of the world’s most savvy investors doesn’t just bet on a sport notorious for value destruction and where there is no real runway for an exit....
...Both the general manager of Metric Media LLC, Bradley Cameron, and one of the board members of Metric Media Foundation, Victor Chen, work for the public affairs consultancy Situation Management Group — which...
...Other hedge fund managers owning large stakes in sports teams include David Tepper, the founder of Appaloosa Management, who bought the Carolina Panthers American football team last year for about $2.2bn...
...The lease was signed by a company named BSREP III Nero LLC, a possible allusion to the emperor who was blamed for the burning of Rome....
...How very Brothers Grimm....
...But it was the high level of complexity and global exposure of the merger, and the difficulty in fusing management teams, that eventually brought the deal down....
...He says the two were as close as brothers, but they fell out spectacularly towards the end of his time at the agency in the mid-1990s: Meyer took a job at Universal that Ovitz had coveted and, in a fit of...
...SALT, SkyBridge’s annual hedge fund conference in Las Vegas, has become the largest of its kind in the world — it’s also a great place to see Steven Cohen, George W Bush or Duran Duran....
...FT Exclusive: Before we get started, our colleagues Lindsay Fortado and John Gapper have an exclusive story that Point72, the family office of hedge fund billionaire Steven Cohen, has been told in recent...
...in by hand when he worked for EF Hutton and Lehman Brothers....
...“It was always a two-way conversation rather than a dictatorial way of approaching management.”...
...His “exemplary co-operation”, prosecutors said, was instrumental in helping the government build a case against Raj Rajaratnam, co-founder of Galleon and SAC, the hedge fund founded by Steven Cohen....
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