Blackstone considers foraying into sports with its first-ever investment in IPL teams like RCB, Rajasthan Royals

Blackstone considers foraying into sports with its first-ever investment in IPL teams like RCB, Rajasthan Royals

Blackstone Inc. is considering a $200–$300 million investment in Indian Premier League teams Royal Challengers Bengaluru or Rajasthan Royals. Rising valuations and investor interest highlight the league’s global appeal and growth.

Blackstone Inc, the world's largest alternative asset management firm, is considering a potential investment in the world's most profitable professional cricket league via its fund aimed at wealthy i… [+3197 chars]

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Blackstone considers foraying into sports with its first-ever investment in IPL teams like RCB, Rajasthan Royals - FHMnews