Penn State and UCLA Join Elevate's $500M Private Equity College Investment Initiative
TL;DR Summary
Penn State and UCLA have become the first universities to partner with Elevate's $500 million private equity-backed College Investment Initiative, marking a significant shift towards private capital funding in college athletics amid financial challenges faced by these institutions.
Topics:sports#athletic-department-finance#college-sports#college-sports-funding#penn-state#private-equity#ucla
- Penn State, UCLA Take Private Equity Funding Deal With Elevate Sportico.com
- Penn State makes history as one of the first programs to sign on for Elevate’s eight-figure College Investment Initiative, report says On3.com
- Elevate launching PE-backed college initiative Sports Business Journal
- Sports agency Elevate launches $500 million college investment as payment landscape evolves CNBC
- Private equity coming to college football FootballScoop.com
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