Sports-focused private equity firm 154 Partners has completed fundraising for its inaugural fund, reaching its $400m hard cap as it looks to capitalise on opportunities across the broader sports ecosystem, according to a report by Bloomberg.
The firm is backed by David Blitzer, a former senior dealmaker at Blackstone Inc, who sits on the investment committee alongside co-founders Isaac Harrouche and Mike Berlin. Both previously worked with Blitzer in Blackstone’s Tactical Opportunities unit.
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