Monday, August 13, 2018

Carlyle CEO Owns Chunk of New Professional Fighters League


The Washingtonian reported:

Love the Caps but wish hockey were even more violent? A group of DC businessmen has just the thing for you: a new national mixed-martial-arts fighting league. Dubbed the Professional Fighters League, it debuted in June.

Davis came up with the idea for the MMA league after he saw that the hugely popular Ultimate Fighting Championship sold for $4 billion last year.  Davis approached a group of business leaders—including Wizards and Capitals owner Ted Leonsis, financier Russ Ramsey, and Carlyle Group co-CEO Glenn Youngkin—with the intent of building their own operation to capture some of the sport’s 300 million fans.
Carlyle has streetwear brand Supreme to dress its new league of street fighters.  It may get to cross sell Carlyle investments to other PFL investors.  

Update 11-25-18:   Netflix comedy show takes on Supreme and The Carlyle Group.