Bluestone Equity Partners: Investing in the Future of Sports, Media & Entertainment

Bluestone Equity Partners, a leading private equity firm, has recently launched with a $300 million growth equity fund that focuses on the sports, media, and entertainment industry. With a management team boasting extensive experience and a global network, Bluestone aims to provide capital and guidance to established businesses in these sectors. This article will delve into the launch of Bluestone Equity Partners, the expertise of its founder Bobby Sharma, and the firm's differentiated investment strategy.

Bluestone Equity Partners, led by Founder & Managing Partner Bobby Sharma, aims to unlock value in the sports, media, and entertainment industry through both control and minority positions. The firm's $300 million growth equity fund has attracted major institutional backing, highlighting investor confidence in Bluestone's unique approach. The team at Bluestone brings a combination of operational, management, and transactional talent to the table, enabling them to effectuate proprietary deals on a global scale.

Bobby Sharma's extensive industry experience makes him well-suited to lead Bluestone Equity Partners. With a background in finance, strategy, management, operations, and law, Sharma has held key positions at renowned organizations such as IMG, the NBA, and Soccerex. As the Global Head of Basketball & Strategic Initiatives at IMG, Sharma played a crucial role in expanding various businesses across the globe. He also served as the General Counsel of the NBA Development League and Vice Chairman & CEO of Soccerex. Sharma's leadership and expertise make him a valuable asset to Bluestone Equity Partners.

Bluestone's investment philosophy revolves around partnering with exceptional management teams, boards, and investors to achieve extraordinary results. The firm has a clear strategy to invest in, grow, and scale businesses and properties with proven models. Bluestone's deep industry ties and expertise in the sports, media, and entertainment sectors provide a significant competitive advantage for their portfolio companies and partners.

Joining Bobby Sharma at Bluestone Equity Partners are other notable private equity professionals. Walker Brumskine, a former member of Apollo Global Management, and Jackson Ross, previously with The Blackstone Group, bring their expertise to the firm. This team of experienced professionals positions Bluestone to excel in the industry.

Bluestone's launch has garnered support from industry leaders, including Michael J. Dolan, the former Chairman & CEO of IMG. Dolan commends Bobby Sharma for assembling an impressive management team that understands the complex and ever-evolving sports, media, and entertainment industry. He believes that Bluestone carries forward the legacy of creating value in this asset class and looks forward to the firm's progress.

Bluestone Equity Partners enlisted the services of Foley & Lardner LLP as its legal advisor. The firm is headquartered in New York City and aims to forge highly-strategic capital partnerships with established sports, media, and entertainment businesses and properties. Bluestone's focus on growth and scale on a global basis makes it an attractive option for management teams and rights holders seeking capital.

In conclusion, Bluestone Equity Partners has made a significant entrance into the sports, media, and entertainment industry with the launch of their $300 million growth equity fund. Led by industry veteran Bobby Sharma, the firm's differentiated investment strategy and global network set them apart. With major institutional backing and a team of experienced professionals, Bluestone is well-positioned to shape the future of this dynamic sector.