URL has been copied successfully!
Blue Owl Capital (NYSE:OWL) co-founder Doug Ostover is selling his remaining stake in the NFL’s Washington Commanders back to the Josh-Harris-led ownership group.
Ostover, who sold part of his stake last year, is offloading the rest now, according to Bloomberg News.
In 2023, Ostrover and Blue Owl co-founder Marc Lipschultz joined an investor group led by Harris, which purchased the Commanders for over $6 billion. That was the largest amount ever paid for a professional sports team in the U.S. at the time.
data-variant=”card”
data-news-mode=”manual”
>
Read Also:
Private Equity’s Big Four Are Starting To Crack As Exits Slow, Credit Stress Mounts
Please follow us:
This post was originally published here
