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0.000787047447717699 0.000824525897608977 -0.00157409489543518 -0.000787047447717486 0.000712090547934929 -0.00457237088674001 -0.00783299602728422 -0.0115433625665242
Stock impact report

Sixth Street, Co-Owner of NBA's Spurs, Plans Debut Sports Fund [BNN Bloomberg (Canada)]

Ares Management Corporation Class A (ARES) 
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
Company Research Source: BNN Bloomberg
The San Francisco-based firm has held preliminary talks with potential investors about the vehicle, which will seek to invest in sports teams and leagues, media rights and related businesses, said the people, who asked not to be identified discussing confidential information. A Sixth Street spokesman declined to comment. The firm, led by Chief Executive Officer Alan Waxman, has made more than $2.5 billion in sports-related investments, primarily through its $29 billion TAO platform, which describes itself as “a home for between-the-box strategies and adjacent opportunities.” Sixth Street, which manages more than $75 billion, is part of an ownership group for the National Basketball Association's San Antonio Spurs that includes Michael Dell and the Holt family. The firm co-founded Bay FC, the National Women's Soccer League team that counts Sheryl Sandberg among its investors. In 2022, the firm struck a deal with Spanish soccer team Real Madrid for a stake in certain stadium op Show less Read more
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