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Bluestone closes $300m sports, media & entertainment fund

New private equity investment firm Bluestone Equity Partners has closed its inaugural fund, Bluestone Capital I, a $300 million growth equity investment vehicle focussed on the global sports, media & entertainment industry. 

New private equity investment firm Bluestone Equity Partners has closed its inaugural fund, Bluestone Capital I, a $300 million growth equity investment vehicle focussed on the global sports, media & entertainment industry. 

Led by Founder & Managing Partner Bobby Sharma and Partner Kyle Charters, Bluestone says it will target “established businesses and proven assets”.

Before founding Bluestone, Sharma’s previous roles included Global Head of Basketball & Strategic Initiatives at IMG, General Counsel of the NBA Development League (now G-League) at the NBA, and Vice Chairman & CEO of Soccerex.

Charters meanwhile, was previously at Inner Circle Sports (ICS), an investment bank focused on sports, media & entertainment, where he established and ran its technology and services practice over the last decade. 

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