Alts. Chiefs Among Buyers Of Nashville Hockey Team

Dec 10 2007 | 9:01am ET

An investor group including a hedge fund chief and private equity banker took control of the National Hockey League’s Nashville Predators Friday, and was greeted by a victory.

Predators Holdings, which includes Joel Dobberpuhl, the founder and CEO of hedge fund Jetstream Capital, and Warren Woo, a founding partner of boutique investment bank and private equity manager Moelis & Co., bought the Predators for $193 million. The NHL approved the deal last Thursday.

“We look forward to contributing to the Predators’ success on and off the ice and solidifying the franchise’s future in Nashville,” Predators Holdings Chairman David Freeman said. In their first game under the new regime, the Predators defeated the Anaheim Ducks 4-2.

The group has negotiated changes to the team’s lease of Nashville’s Sommet Center, which still require city approval.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of