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Harbinger Sports secures $450m first close for debut fund
Summary by Private Equity Wire
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Harbinger Sports secures $450m first close for debut fund
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 a…
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