The Hollywood sign. Photo courtesy 4kodiak/iStock Unreleased/Getty Images
Why is this important: UTA is PSP’s first foray into global entertainment/media
PSP Investments, Investcorp buy into Hollywood talent firm
Deal values UTA at estimated $800 mln: Bloomberg
UTA group continues to hold majority of company
Public Sector Pension Investment Board and Investcorp have acquired a minority interest in United Talent Agency, a Hollywood talent business. Terms weren’t disclosed. A source told Bloomberg the deal values UTA at about $800 million. UTA’s partnership group, which include CEO ...