Sixth Street, a giant of the sports investing industry, which holds stakes in some of the world’s biggest teams, including the New England Patriots, the Boston Celtics and Real Madrid, has been spotted Down Under.
The California-based $US125 billion ($173 billion) investment firm has met with a handful of Australian institutions and family offices, testing their interest in a new sports and entertainment fund, according to people briefed on the fundraising who requested to remain anonymous. Sixth Street’s deal makers are also considering potential investments in the local sports scene, the people said.
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