The Unicrunch — Private equity seeks to become new Chiefs of NFL
- Shubham Saharan
The Unicrunch is our US private credit newsletter, in which we break down everything from unitranches to ABL. Sign up for the inside track on this fast-growing market.
Kick off
The NFL season kicked off last night, and there’s probably no one more excited about it than the alternative investment managers that are now allowed to invest in teams.
Last week, NFL team owners voted nearly unanimously to open the doors to new investors, namely big private equity and credit firms. It’s a pretty large departure for the NFL with most teams being family owned. But this is a move that is going to add further fuel to private credit’s push into sports (a trend we documented earlier this summer.)