News Briefs

Dyal targets $2bn to buy minority stakes in NBA teams: Barron’s

Dyal Capital Partners, a unit of Neuberger Berman, is seeking to raise $2 billion to buy minority stakes in National Basketball Association teams, reported Barron’s.

By
Iris Dorbian
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Dyal Capital Partners, a unit of Neuberger Berman, is seeking to raise $2 billion to buy minority stakes in National Basketball Association teams, reported Barron’s. The news outlet noted that Dyal hopes to attract family offices or sovereign-wealth funds as limited partners.

Source: Barron’s