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Specialist asset firms ramp up sports exposure
The Straits Times
|July 20, 2025
Apollo Global Management and Ares Management are both pushing deeper into sports investing, the latest multibillion-dollar alternative asset managers to put more money into the booming sector.
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Ares has begun talking to investors about a new media and entertainment fund designed for individuals, a departure from the traditionally exclusive nature of sports finance. The semi-liquid fund will target both debt and equity investments across sports leagues and businesses.
Meanwhile, Apollo is considering creating a permanent capital vehicle dedicated to sports finance, a structure that would allow for longer-term and strategic investments in the industry. The fund would primarily lend to professional sports teams and leagues, with the option to take equity positions.
This story is from the July 20, 2025 edition of The Straits Times.
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