Street Talk

GAF in the zone for $3.8b pro sports fund

Sarah Thompson, Kanika Sood and Emma Rapaport

Feb 11, 2024 – 3.57pm

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

Natasha Nankivell is stepping up to the plate. The former Carlyle Group managing director and founder of private equity fundraising shop, Global Alternatives Fund (GAF), has secured the firm a spot in Arctos Sports Partners Fund II, set to close next month with around $3.8 billion ($US2.5 billion) in the tank.

Dallas-headquartered private equity newcomer Arctos Partners has become a big-name investor in professional sports since it was launched in 2020. The speciality firm has popped up in more than a dozen sports teams and franchises, with a focus on European soccer and North American professional sports leagues like the National Basketball Association and the National Hockey League.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.