Silver Lake in talks to acquire New Zealand All Blacks

The American private equity investor, Silver Lake, which part-owns Manchester City Football Club is in advanced talks to buy a stake in the New Zealand Rugby All Blacks, one of the most iconic names in global sport.

Insiders said the transaction if confirmed, could involve the purchase of a 15% stake at a roughly $2bn (£1.5bn) valuation.

CVC Capital Partners, the private equity firm which made a fortune from investing in Formula 1 motor racing, is attempting to finalize a deal to buy a substantial stake in the Six Nations Rugby to add to its backing of Premiership Rugby.

Arctos Sports Partners seeks permission to build stakes in multiple NBA Teams

Arctos Sports Partners, a private equity firm co-led by former Madison Square Garden Sports Corp. CEO Doc O’Connor, is seeking permission to build a portfolio of minority stakes in National Basketball Association (NBA) teams, according to people familiar with the matter.

Arctos is looking to become just the second institutional investor granted permission by the league to make those investments, the people said. Earlier this year, the NBA approved Dyal Capital Partners, a unit of Neuberger Berman, as its first partner in the endeavor.

Arctos is one of a new class of private equity investors looking to acquire minority stakes in teams across the globe. In November the company reached $950 million in assets under management