Private Equity Deals Are Coming to the NHL

Private Equity Deals Are Coming to the NHL

The league’s board of governors on Thursday approved a change to its ownership rules to allow for institutional investors, according to someone familiar with the decision. The NHL joins the NBA, MLS and MLB in making the change. An NHL representative didn’t...
Ascend Partners Raises $570m for Debut Healthcare Fund

Ascend Partners Raises $570m for Debut Healthcare Fund

Ascend Partners has collected $570m for its first fund, which is focused on healthcare investments in companies that work with underserved and vulnerable communities. Started by urgent-care chain CityMD co-founder Dr. Richard Park and In Seon Hwang, a former Warburg...