Harbinger Sports, a private equity vehicle focused on professional sports and led by investor Mark Cuban has raised $450m in initial commitments for its first fund close, according to a report by Bloomberg citing unnamed people familiar with the matter.
The fund is targeting $750m overall and could ultimately expand toward $1bn if investor demand continues, Bloomberg’s sources said. An official announcement is expected in the coming days, they added.
Harbinger was established in 2025 and is desi...
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