26North Partners Invests $700 Mln In Carlyle's NEP Group
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26North Partners LP has announced a $700 million equity investment in NEP Group, a media services company owned by Carlyle Group Inc. Carlyle will continue as NEP's largest shareholder. This investment aims to support NEP's expansion to meet the growing demand for premium live sporting events. NEP is known for powering major productions like the Super Bowl and Olympics. The investment will integrate NEP into 26North's private equity portfolio, which includes companies like ArchKey Solutions and AVI-SPL.
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