For Magic Johnson, funding was no slam dunk

Earvin Magic Johnson, ACG InterGrowth, private equity, NBA, National Basketball Association, WNBA, Los Angeles Lakers, Los Angeles Sparks
  • Johnson’s JLC Loop Capital Partners raised $1.3 bln in 2016
  • NBA great is president and CEO of Magic Johnson Enterprises
  • Was on 5 Lakers championships; retired in 1991
Since Earvin “Magic” Johnson left basketball, his biggest challenge has been gaining acceptance from institutional capital. Johnson, a force on five championship teams with the National Basketball Association’s Los Angeles Lakers, told a dealmaker-packed room at ACG’s InterGrowth that California Public ...

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