Harbinger Sports, a private equity vehicle focused on professional sports and led by investor Mark Cuban has raised $450m in initial commitments for its first fund close, according to a report by Bloomberg citing unnamed people familiar with the matter.
The fund is targeting $750m overall and could ultimately expand toward $1bn if investor demand continues, Bloomberg’s sources said. An official announcement is expected in the coming days, they added.
Harbinger was established in 2025 and is desi...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.
Alternative Investment News