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Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran

Oil prices eased Friday but remained on track for a second straight weekly gain as hopes of a swift reopening of the Strait of Hormuz faded to near-zero.

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KKR-backed Arctos in talks to acquire 10% stake in Atlanta Falcons

KKR-backed sports investment firm Arctos Partners is in discussions to acquire a 10% minority interest in NFL franchise the Atlanta Falcons, according to a report by Bloomberg citing unnamed people…

  • KKR-backed Arctos Partners seeks 10% stake in Atlanta Falcons
  • Acquisition would give Arctos most NFL franchises of any private equity firm
  • NFL permits private equity firms to own up to 10% stakes in teams

DE Shaw builds $1bn-plus Sysco position

DE Shaw has accumulated a stake worth more than $1bn in Sysco, adding significant weight to the hedge fund’s long-standing investment in the US food distribution giant as the company seeks to…

  • DE Shaw invests $1.1 billion in Sysco, undisclosed before.
  • Sysco prepares to refresh board, focus on tech and automation.
  • DE Shaw backs Sysco's AI strategy, expects $100M cost savings by 2027.

BlackSun secures $1bn for debut fund targeting $7bn sports, media and technology investments

Private equity firm BlackSun has raised $1bn for its debut investment vehicle as it builds towards a $7bn fundraising target focused on opportunities spanning sports, media, entertainment and…

  • BlackSun raises $1bn for debut Mega Fund I targeting $7bn in sports, media, tech investments
  • Nery Gomez leads fund with Greenstone Equity as global placement agent
  • Investments focus on sports, entertainment, fintech, real estate, media sectors

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