Bluestone Equity Partners has held a $300 million close for its Bluestone Capital I, its inaugural $300 million growth equity fund focused on the global sports, media and entertainment industry.
Bluestone will target established businesses and proven assets that will benefit from the management team’s unique combination of blue-chip business and investment experience, extensive global network, and successful track record.
“We’re proud to unveil Bluestone Equity Partners and our first growth equity fund, to capitalize, guide, and grow high-quality assets in the sports, media, and entertainment industry,” said Bobby Sharma, founder and managing partner at Bluestone Equity Partners. “Our fund was oversubscribed with interest, with a single closing consisting exclusively of institutional-grade capital. This not only reflects a high degree of investor confidence in Bluestone, but also a validation of our differentiated strategy to unlock value through both control