Leisure

5 funds

A

Arctos Sports Partners Fund II

FundUnited States
Leisure

The Arctos Sports Partners Fund II has closed with over $4.1 billion in capital commitments from global investors, making it the largest pool of institutional capital dedicated exclusively to professional sports franchise investments. The vehicle is a private equity growth expansion fund. Approximately 30% of Fund II’s capital has already been deployed across investments in various sports franchises, including Smith Entertainment Group, Harris Blitzer Sports Entertainment, Paris Saint-Germain F.C., and Aston Martin Aramco Formula One Team. Arctos is the only institutional investor approved to invest in multiple teams by MLB, the NBA, the NHL, MLS, global motor sports organizations, and European soccer federations. The fund has a focus on providing growth and thought partnership to innovate and transform the markets it participates in. The firm’s approach is anchored by its unique quantitative research and data science platform, Arctos Insights, and it has a team of more than 50 investment and operational professionals with expertise across industries, geographies, and economic cycles.

B

Beyond Capital Partners Fund III

FundGermany
Business ServicesHealthcare, Healthtech & MedtechLeisure+1

The Beyond Capital Partners Fund III, a 2023 vintage private equity fund managed by Beyond Capital Partners GmbH, closed at the hard cap of EUR 180 million in April 2024. The fund has secured capital commitments from institutional limited partners and fund-of-funds from continental Europe. Beyond Capital Partners and Beyond Family & Friends also provide more than ten percent of the fund volume, ensuring alignment of interests with limited partners. The fund's investment strategy focuses on the lower-mid-market segment, targeting companies in the DACH region with enterprise values of up to EUR 50 million. The fund has already made two platform investments and a first add-on, demonstrating its commitment to the region and the segment. With a team of fifteen professionals, the fund aims to continue its successful investment strategy, building on its experience from previous transactions. Beyond Capital Partners places a strong emphasis on ESG as an additional value driver. As a SFDR 8+ Fund, the fund is dedicated to creating value through focusing on ESG-related elements. The fund was supported in its fundraising efforts by Triago S.A. as a placement agent and by Clifford Chance as a legal advisor. Specifically, the fund targets majority shareholdings in profitable Mittelstand companies in the DACH region with a focus on asset-light business models in sectors such as B2B services, IT services, software, healthcare & well-being, lifestyle, and entertainment. This underscores the fund's commitment to investing in businesses that align with its strategic vision and value creation objectives."

C

Clarion Investors IV

FundUnited States
ConsumerFinancial Services & FintechHealthcare, Healthtech & Medtech+4

Clarion Capital Partners, LLC has closed its fourth private equity fund, Clarion Investors IV, L.P. with $677 million in total capital commitments. The Fund seeks long-term investment outperformance primarily through partnering in buyouts of lower-middle market companies. The fund exceeded its fundraising target of $600 million and marks Clarion’s second oversubscribed fund in a row. Clarion focuses on making primarily control investments in a diversified portfolio of lower middle-market companies generating $7.5-30.0 million of EBITDA. The firm seeks to invest in growth companies in sectors such as Media, Entertainment & Technology, Financial Technology & Services, Business, Healthcare & Industrial Services, and Consumer. In addition to the private equity business, Clarion established a credit business focused on structured corporate credit in 2018, which will continue to be led by Robert Klein, President and Chief Investment Officer of Structured Credit. Clarion has experienced tremendous growth since its founding in 1999 and has generated top-quartile returns in its first two funds. The firm was recognized by Pitchbook as the number two firm out of 414 buyout private equity firms with track records across multiple vintages. In addition, GCI Publishing announced in March that the firm was chosen as a 2024 Top 50 Private Equity Firm in the Middle Market. The fund was raised with the help of Paul, Weiss, Rifkind, Wharton, & Garrison LLP as legal counsel. The fund invests in the U.S..

H

Harbinger Sports Partners Fund I

FundUnited States
Leisure

Harbinger Sports Partners Fund I is a $750 million private equity fund co-founded by Mark Cuban, Rashaun Williams, and Steve Cannon. The fund focuses on acquiring minority stakes—typically around 5%—in major U.S. professional sports franchises across the NBA, NFL, and MLB. It aims to leverage recent regulatory changes that allow private equity firms to own up to 10% in these leagues, opening access to institutional capital in the sports sector. The fund will deploy capital in investment tickets ranging from $50 million to $150 million, aiming for a diversified portfolio of approximately 15 teams. By maintaining minority positions, Harbinger intends to benefit from the financial upside of professional teams without the complexities associated with control or operations. The strategy hinges on capturing growth driven by rising valuations, broadcast rights, and global fan engagement. With the combined expertise of its founders in investment, business, and sports leadership, Harbinger Sports Partners Fund I is well-positioned to navigate this evolving asset class. The fund represents a strategic approach to tapping into the increasing financial appeal and cultural relevance of U.S. professional sports franchises.

S

Silver Lake Partners VII

FundUnited States
Financial Services & FintechGreen MobilityHealthcare, Healthtech & Medtech+3

Silver Lake Partners VII is a growth private equity fund managed by Silver Lake. The final close on Silver Lake Partners VII at $20.5 billion in capital commitments marks a continuation of the firm's global leadership in large-scale technology investing. Over the past five years, Silver Lake has raised $47 billion, with a focus on creating value through partnerships with exceptional founders and management teams to build and grow great companies driven by technology at scale. Silver Lake invests across the spectrum of the global technology sector and in technology-enabled businesses in verticals including sports and live events, media and entertainment, e-commerce, financial services, and health care. Their portfolio of companies represents more than $1 trillion of cumulative enterprise value, with a mission to make highly selective and impactful investments that have the potential to generate exceptional performance. Recent investment activities include the successful completion of a public tender offer to acquire Software AG for approximately $2.6 billion, take privatizations, and equity re-investments in companies such as Qualtrics, Vantage Data Centers, and Endeavor. These strategic transactions demonstrate Silver Lake's commitment to making significant investments across various sectors and geographic regions. Investors in Silver Lake Partners VII include public and corporate pension funds, sovereign wealth funds, insurance companies, endowments, foundations, funds of funds, family offices, technology industry leaders, and individual investors across the Americas, Asia-Pacific, and EMEA.