Blackstone Weighs First-Ever Sports Investment With Cricket Bet

Blackstone Inc. is considering whether to buy a stake in the world’s most lucrative professional cricket league through its fund for wealthy individuals, in what would be the first sports...

By Preeti Singh · Bloomberg Markets

Blackstone Inc. is considering whether to buy a stake in the world’s most lucrative professional cricket league through its fund for wealthy individuals, in what would be the first sports investment for the world’s biggest alternative asset manager.