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Private Equity

Blackstone considering IPL stake

privateequitywire

3 months ago

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Blackstone is evaluating a potential minority investment in the Indian Premier League, in what would mark the firm’s first foray into sports ownership, according to a report by Bloomberg citing people familiar with the matter.
The firm is considering committing between $200m and $300m via its Blackstone Private Equity Strategies Fund (BXPE) for a stake in either the Rajasthan Royals or Royal Challengers Bengaluru, the 2025 IPL champions. BXPE would reportedly allow Blackstone to hold the investm...

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