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Alternative Asset Manager Blue Owl Enters Sports Investing With the NBA's Phoenix Suns

Jul 01, 2021 - Institutional Investor
Partnership Announcement

The manager has made a minority investment in the basketball team, joining a growing number of NBA investors.

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Another private investment firm has made its way into the growing stable of National Basketball Association teams' minority investors.  

On Tuesday, Dyal HomeCourt Partners, a division of the $52.5 billion alternative asset manager Blue Owl, announced that it had made a minority investment in the Phoenix Suns.  

The deal is the first of its kind ...