AI News about alternative assets

CVC Global Sport Group KKR Pimco sports financing

KKR and Pimco Back €3.7B Sports Investment Financing KKR's insurer Global Atlantic and asset manager Pimco have anchored a €3.7 billion financing round for CVC Capital's multi-sport investment platform. The deal strengthens CVC Global Sport Group's ability to acquire and manage sports assets across multiple leagues and properties. This financing demonstrates growing institutional investor appetite for sports as an alternative asset class.