RedBird Capital Partners
Founded2014
FounderGerry Cardinale
HeadquartersNew York City

RedBird Capital Partners is an American investment management firm founded in 2014 in New York by Gerry Cardinale.[1]

The company has assets under management of over $10 billion (2022).[2][3]

Investments

RedBird is active in several tertiary sectors such as consumer goods, financial services, telecommunications, media, technology and sports.[4]

The company serves as producer of Amazon’s "Reacher" series and Paramount’s "Top Gun: Maverick". RedBird has also invested in Ben Affleck and Matt Damon’s Artists Equity, LeBron James and Maverick Carter’s SpringHill Company and the Fenway Sports Group.[2]

On August 31, 2022, the company completed the acquisition of AC Milan from the US fund Elliott for 1.2 billion euros. RedBird also owns Toulouse FC, a club from the city of the same name that plays in Ligue 1.[5]

In August 2020, the company acquired the assets of the XFL for $15 million, along with Dany Garcia and Dwayne Johnson.[6] In December 2023, they announced a merger between the XFL and USFL to be called UFL starting in 2024.[7]

References

  1. ↑ Campbell, Hayley Cuccinello, Dakin. "How Gerry Cardinale became the go-to dealmaker for the Yankees, AC Milan, and Ben Affleck". Business Insider. Retrieved 2024-01-06.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. 1 2 viapiuser (2020-12-22). "Gerry Cardinale". Variety. Retrieved 2024-01-06.
  3. ↑ root (2022-05-20). "Chi è RedBird, il fondo pronto all'acquisto del Milan". Calcio e Finanza (in Italian). Retrieved 2024-01-06.
  4. ↑ Sport, Sky (2023-07-31). "RedBird Capital Partners, chi è la società proprietaria del Milan | Sky Sport". sport.sky.it. Retrieved 2024-01-06.
  5. ↑ "RedBird Capital Partners completa l'acquisizione di AC Milan". AC Milan (in Italian). Retrieved 2024-01-06.
  6. ↑ Hayes, Dade (2020-08-03). "XFL Acquired By Dwayne Johnson, Dany Garcia And RedBird Capital Partners". Deadline. Retrieved 2024-01-06.
  7. ↑ Weprin, Alex (2023-12-31). "Combined XFL and USFL to be Called UFL, Will Air Games on Fox and ESPN Platforms Starting in 2024". The Hollywood Reporter. Retrieved 2024-01-06.
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