BlackSun Raises $1 Billion for New Sports and Media Fund

Private equity group BlackSun has raised $1 billion for its inaugural investment vehicle, Mega Fund I, with the target of reaching $7 billion to invest across sports, media, entertainment and...

By Hadriana Lowenkron · Bloomberg Markets

Private equity group BlackSun has raised $1 billion for its inaugural investment vehicle, Mega Fund I, with the target of reaching $7 billion to invest across sports, media, entertainment and technology.