Private Equity
Private equity firm CVC Capital Partners' Global Sport Group has made its first acquisition by purchasing a majority stake in US equestrian league Equine Network for $300 million. The deal marks the division's entry into American horse sports, with founder Tom Winsor remaining as CEO. The transaction is expected to close in the second quarter of 2026 pending regulatory approvals.
Reported by AI
A new article in The Nation argues that recent books on housing affordability wrongly focus on NIMBYism and regulations while ignoring the role of private equity firms. These investors are snapping up homes across the country, driving up prices and rents. The piece highlights successful community-led projects that counter the narrative of obstructive local opposition.