ByHank Tucker,
Forbes Staff.
T
he NFL was the last of the four major North American professional sports leagues to allow institutional investors to buy stakes in its teams, changing its ownership rules in 2024, and although InStudio Ventures isn’t among the eight private equity firms that have earned the league’s stamp of approval, founder and managing partner Danny Cortenraede has found his way into pro football anyway.
InStudio’s stakes in the Buffalo Bills and the Los Angeles Chargers, acquired via a partnership with another firm, are the most attention-grabbing names anchoring a $50 million sports and performance fund the Los Angeles-based firm is launching on Tuesday.
