Bluestone’s launch comes amid immense disruption in the sports sector, and Sharma says his firm plans to pursue opportunistic investments from the growth stage and beyond as the landscape evolves.
Bluestone’s success demonstrates that emerging managers can raise capital by pursuing niche strategies and leaning into pre-existing industry expertise and connections
Bluestone’s inaugural fund, capped at $300 million, was oversubscribed, with investments solely from institutions, not the family office and high-net-worth investors that typically populate the space
With the explosive cost of live sports rights, Sharma believes his operating experience will make Bluestone competitive with large-cap funds when competing for deals
Bluestone’s inaugural fund, capped at $300 million, was oversubscribed. And while the sports investment space tends to be populated by family office and high-net-worth investors, Sharma said that his investors were strictly institutional
Management team’s blue-chip industry experience, global network, and track record secures major institutional backing with its differentiated investment strategy