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.