Tag

Sixth Street

All articles tagged with #sixth street

local1 hour ago•1 min saved

West Sixth Street tragedy: 3 dead, 14 hospitalized after Austin shooting; suspect killed by police

A shooting at Buford’s on West Sixth Street in Austin left three people dead and 14 hospitalized, with the suspect among the deceased after being shot by responding officers in an officer-involved shooting. About 17 people were at the scene; three were pronounced dead on arrival and several others were in critical condition. Officials urged the public to avoid the area as investigations continue and victim-services support was offered to families.

via KUT|

#austin #local #officer-involved

local3 hours ago•1 min saved

Austin Bar Shooting Leaves 2 Dead, 14 Injured as Suspect Is Fatally Shot by Police

A gunman opened fire inside Buford’s bar on Austin’s Sixth Street early Sunday, killing two and injuring 14; the suspect was shot and killed by police, with officers and medics responding quickly to the scene.

via The New York Times|

#austin #bufords #local

business5 months ago•1 min saved

Robert Kraft to sell 8% stake in Patriots amid $9 billion valuation

The New England Patriots are selling minority stakes to Dean Metropoulos and Sixth Street, valuing the franchise at over $9 billion, allowing the Kraft family to raise significant capital without losing control.

via The Boston Globe|

#business #investment #kraft-family

business5 months ago•3 min saved

Patriots to sell 8% stake in $9 billion valuation, with new minority owner Dean Metropoulos

The New England Patriots are selling an 8% stake at a valuation of over $9 billion to private equity firm Sixth Street and billionaire Dean Metropoulos, with the Kraft family retaining over 90% ownership. This deal is among the highest NFL team valuations and marks Sixth Street's first NFL investment, reflecting the league's growing interest from private equity firms.

via Sportico.com|

#business #nfl #patriots

finance1 year ago•2 min saved

Affirm Secures $4B Loan from Sixth Street to Expand Lending

Private investment group Sixth Street is investing $4 billion in a vehicle to purchase loans from US fintech Affirm, enabling Affirm to issue up to $20 billion in new consumer loans over the next three years. This partnership reflects a growing trend where private credit funds collaborate with consumer credit providers to offload debt and free up lending capacity. The deal is part of a broader industry movement, with firms like SoFi and Klarna also engaging in similar agreements to manage risk and expand lending capabilities amid economic challenges.

via Financial Times|

#affirm #buy-now-pay-later #consumer-loans

finance1 year ago•2 min saved

Affirm Secures $4B Loan Deal with Sixth Street to Boost Lending

Affirm Holdings has secured a $4 billion loan deal with private credit firm Sixth Street, marking its largest-ever capital commitment. This partnership will allow Affirm to underwrite short-term installment loans, with the potential to extend over $20 billion in loans over three years. The deal highlights the growing trend of fintech companies partnering with private credit firms for scalable financing solutions. Affirm's funding capacity has grown significantly, and the company continues to expand its buy now, pay later offerings amid increasing demand.

via CNBC|

#affirm #buy-now-pay-later #finance

crime2 years ago•2 min saved

Deadly Officer-Involved Shooting Erupts on Austin's Sixth Street

One person was killed and three others were injured in an officer-involved shooting on Sixth Street in Austin, Texas. The incident occurred when officers responded to a report of a person attempting to enter a bar with a gun. The suspect pointed his firearm at the officers and bystanders, prompting three officers to fire at him. The suspect sustained multiple gunshot wounds and died, while three bystanders were taken to the hospital. The shooting was captured on body-worn cameras, and investigations will be conducted by the APD Special Investigations Unit and the Travis County District Attorney's Office. The officers involved will be placed on administrative duty.

via FOX 7 Austin|

#austin #crime #investigation

crime2 years ago•2 min saved

Multiple Injuries Reported in Sixth Street Shooting Incidents

Two people were injured in a bar on Sixth Street in Austin when a gun accidentally went off inside someone's pocket, ricocheting and hitting them. The injuries were minor, and one person was taken to the hospital. The bar had security guards who search patrons, but the individual managed to get past them. The incident highlights safety concerns in the area, which has seen previous shootings. Texas law restricts carrying firearms at places that sell alcohol, but it's unclear if the bar had the required signage. The Austin Police Department is investigating the incident.

via KXAN.com|

#austin-police-department #bar-shooting #crime

sports2 years ago•11 min saved

Bay Area welcomes new NWSL team led by soccer legends.

The National Women's Soccer League (NWSL) has awarded expansion rights to an investment group led by Sixth Street, which includes former players Brandi Chastain, Leslie Osborne, Danielle Slaton, and Aly Wagner. The team will be based in the Bay Area and will begin playing in 2024. Sixth Street has invested $125 million, with $53 million covering the NWSL's expansion fee. The team's name and identity will be revealed later. The Bay Area has committed to building a world-class practice facility, and the team will play in a stadium yet to be announced. The NWSL is still looking for two more teams.

via The Athletic|

#bay-area #brandi-chastain #nwsl