Billionaire Marc Lasry and Avenue Sports Fund back out of NC Courage deal
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Per Sportico, billionaire sports investor Marc Lasry and his sports-focused private equity (PE) firm Avenue Sports Fund are no longer pursuing the purchase of the NC Courage, citing “NWSL restrictions for private equity investment as a control[ling] owner in teams.” With the NWSL being a sports league that uniquely allows PE investment, let’s dive into what we know.
December 02, 2024