Announced
Completed
Financials
Tags
Private Equity
Entertainment
football
sports
United States
Acquisition
Minority
Domestic
Completed
Private
Single Bidder
Friendly
Synopsis
Ares Management, an American publicly traded, global alternative asset manager focused on alternative strategies, including credit, private equity, and real estate activities, completed a $150m investment in Inter Miami, an American professional soccer club. "We believe that this investment is another example of how our significant scale and flexible capital enables us to provide compelling capital solutions to major sports league owners. We remain encouraged by the attractive industry tailwinds that are driving great demand for innovative investors, like Ares, in this sector," Mark Affolter, Ares Partner and Co-Head of US Direct Lending.
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