RedBird Capital Closes $4.7 Billion Flagship Fund; Strengthens Position in Sports and Media Investments

RedBird Capital Partners, under the leadership of Gerry Cardinale, has successfully closed its fourth flagship fund at $4.7 billion. The New York-based private equity firm, known for its investments in sports, media, and financial services, continues to bolster its portfolio with high-profile deals.

RedBird's recent fundraise follows a series of significant investments, including the acquisition of AC Milan for $1.3 billion and a $1.5 billion joint venture to acquire the UK-based production company All3Media. The firm also holds stakes in entities like the YES Network and the Alpine F1 Team, underscoring its commitment to the sports and entertainment sectors​