US private capital giant KKR is reportedly in advanced discussions to acquire a majority stake in Arctos Partners, a private equity firm specialising in minority investments in professional sports teams, according to a report by the Financial Times.
The reports cites unnamed sources familiar with the matter as highlighting that Arctos, founded in 2019 by David O’Connor and Ian Charles, manages over $14bn in regulatory assets and has been at the forefront of private equity’s expansion into sports...
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