Arctos Partners has scored big on its opening drive for a coveted private equity (PE) investment in the NFL, becoming one of the first two firms to secure a minority stake in a team for their institutional investors.
The firm’s Arctos Sports arm, which has $9.9 billion in regulatory assets under management (RAUM), secured a 10% minority investment in the Buffalo Bills last month (further details of the transaction were not released). That’s the biggest share the league allows PE firms to hold under new rules adopted last August that cleared the way for these inaugural investments, which provide fresh liquidity to current owners and allow approved firms to help future bidders buy teams as passive minority partners.
