The Asian University Basketball League helmed by Alibaba co-chairman and Brooklyn Nets owner Joe Tsai has completed a Series A funding round featuring investments from Yao Ming, David Blitzer and Marc Lasry. A valuation of the league, featuring colleges across greater Asia, isn’t known, but a person familiar with the fundraise characterized it as being […]

Marc Lasry’s Avenue Sports Fund has reached an agreement to invest $40 million into NWSL club North Carolina Courage at a $155 million pre-money valuation. The deal does not include a path to control, according to multiple people familiar with the deal who were not authorized to speak publicly because the details are private. Representatives […]