Ares Management
Chelsea ‘raises $500m’ in equity investment from Ares
Chelsea has raised $500m (€466.7m) in fresh investment from US fund Ares Management as the club’s American owners seek to expand their multi-club network after spending more than $1bn on player transfers since buying the Premier League club from Russian Roman Abramovich in May 2022.
Ares injects additional $75m into Inter Miami, ‘in talks with Chelsea’ over major investment
US investment fund Ares Management has injected another $75m (€68m) into Major League Soccer club Inter Miami and has held discussions with Chelsea FC over an investment in the English Premier League c…
Mumtalakat takes on PIF’s McLaren stake
Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, has strengthened its interest in British automotive, motorsport and technology company McLaren Group by acquiring…
Jim O’Connell on leveraging opportunity with Athletes First Partners
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Jim O’Connell, president of Athletes First Partners. Fisher and Russo also discuss RedBird Capital Partners’ sale of its stake in OneTeam Partners, the National Football League’s new collaboration agreement with the German Football League, Ares Management raising $3.7bn (€3.7bn) to invest in the sports industry, the pending sale of Major League Baseball’s Los Angeles Angels, and ownership turbulence with the National Basketball Association’s Phoenix Suns.
Ares Management raises $3.7bn to invest in sports industry
Los Angeles, California-based hedge fund Ares Management has announced it has raised $3.7bn (€3.7
PIF, Ares part of McLaren’s £550m equity raise
British luxury automotive, motorsport and technology company McLaren Group, which includes the eponymous Formula 1 and IndyCar motor-racing teams, has secured an equity raise of £550m (€640.4m/$753.7m
Ares Management acquires Atlético stake through capital increase
US alternative investment manager Ares Management has acquired a 33.96-per-cent stake in a new company created for a €181.9m ($217.2m) capital increase at Spanish LaLiga football club Atlético de Madrid.