Washington Commanders owner Josh Harris has a deal for a new stadium. It has $1 billion in public funding as well as tax breaks for the stadium operation.
That made me wonder about Harris' private equity operation and whether it had insurance affiliates that could fund its "sister" private equity affiliates, like Mark Walter. The answer is yes.
Josh's team at 26 North comes from Brookfield, Oaktree, Centerbridge, Moelis, Goldman Sachs, Credit Suisse, Apollo and Blue Owl.
One executive's name was familiar.
It brought back memories of Summer 2011 when private equity founders were struggling to reach their second or third billion in net worth ($).
Josh Harris was busy avoiding meeting with Jeffrey Epstein according to a January 2026 statement.
Thank heaven. It would be hard to funnel $1 billion in public money to a new stadium for Harris' football team if it had been otherwise.
Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren. Increasingly, more are one and many are in the Epstein files.
Update 10-15-26: 777 Partners already behaved badly with its insurance subsidiary. The stories are out there and new ones arrive every day.
