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Blackstone considers foraying into sports with its first-ever investment in IPL teams like RCB, Rajasthan Royals
MINT· 2026-03-23 18:34
Blackstone Inc, the world's largest alternative asset management firm, is considering a potential investment in the world's most profitable professional cricket league via its fund aimed at wealthy individuals, marking what could be its first foray into sports investments, Bloomberg reported Monday (local time).The company is weighing to commit between $200 and $300 million via its Blackstone Private Equity Strategies Fund for either of the two Indian Premier League (IPL) teams that are currently up for sal ...