Deals
Masters of the Universe Are Taking Over Your Local Sports Teams
Steve Cohen is the latest finance billionaire to seek a pro franchise.
Hedge fund manager Steven Cohen is in talks to acquire a majority share of the Mets.
Photo Illustration: Bloomberg; Getty Images (2)
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If Steve Cohen’s bid for the New York Mets succeeds, he’ll find himself in familiar company.
Hedge fund managers and private equity titans are an increasingly common sight in the owners’ boxes of Major League Baseball teams, including former trader John Henry at Boston’s Fenway Park, Guggenheim Partners’ Mark Walter at Dodger Stadium and Crescent Capital’s Mark Attanasio at Miller Park in Milwaukee.