The University of Utah made its partnership with Otro Capital official Friday — marking the first time an individual institution of higher education has reached an investment agreement with a private equity firm for athletic department operations — in a deal counseled by Covington & Burling LLP and Ray Quinney & Nebeker PC for the university and Kirkland & Ellis LLP and Gibson Dunn & Crutcher LLP for Otro Capital.
Read the full intelligence on AlphaMaven
Subscribe to unlock the AI-extracted Key Takeaways, the News Summary that synthesizes this story with related coverage, and the full alternative-investment intelligence platform — $99/mo, no contract, cancel anytime.