Ari Emanuel, the CEO of Endeavor Group Holdings Inc., is actively looking to acquire live-entertainment businesses, including potential divisions of his own company.
Emanuel has successfully raised over $100 million from investors, including Apollo Global Management Inc., as he aims to secure additional funding for this initiative.
Emanuel's strategy reflects a growing interest in expanding his portfolio within the entertainment sector, particularly in areas such as tennis tournaments and art fairs.
The fundraising efforts are ongoing, with expectations to raise significantly more capital to support these acquisitions.