MUMBAI, Feb 17 (Reuters) - Global private equity investors like KKR and Blackstone have a ⁠new investment hotspot in India: cricket. It was a blockbuster IPL deal by European private equity firm CVC Capital that triggered the new wave of interest among investors, bankers say. Each year after an auction ​for global players, IPL teams compete in matches in the 20-over format of the ‌game. RISING TEAM REVENUESThe ​NFL opened its teams for private equity investors in 2024, and the NBA allows such investments but with strict ownership caps. Sumat Chopra, private equity head at consultancy Kearney which has advised clients on the IPL, said there's more upside as marquee players bolster team revenues.

Source: The Star February 17, 2026 18:44 UTC