private equity investments

NFL set to allow private equity firms to buy up to 10% of clubs

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NFL set to allow private equity firms to buy up to 10% of clubs

The National Football League will reportedly approve a new rule allowing team owners to sell a piece of their franchises to private equity firms — setting the stage for a potential windfall that could drive up the value of clubs by billions of dollars. The owners, who began their annual meeting on Tuesday, are weighing … Read more

NYPD, FDNY, teachers and NYC worker pension funds have millions sunk in TikTok parent ByteDance

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NYPD, FDNY, teachers and NYC worker pension funds have millions sunk in TikTok parent ByteDance

WASHINGTON – Millions of dollars from US pension funds – including those of New York’s police officers and firefighters – are likely invested in ByteDance, the Chinese-controlled parent company of TikTok that is under a standing order from Congress to sell off the popular social media platform or face its banning. The non-profit investment-watchdog group … Read more