Arctos Sports Partners, the US investment fund that holds a minority stake in Liverpool owners Fenway Sports Group, has acquired a $36m (£29.2m) stake in Italian top flight side Atalanta.
Arctos, who took a small stake in FSG in 2020, have added to their ever-increasing portfolio of sporting investments with a minority stake in the Bergamo-based Serie A side, who have played Champions League football for each of the last three seasons.
Through direct and indirect investments Arctos now has stakes in Liverpool; the Boston Red Sox MLB side; the Pittsburgh Penguins, Minnesota Wild and Tampa Bay Lightning NHL teams, as well as the Golden State Warriors and Sacramento Kings NBA franchises.