University of Utah Finalizes First-of-Its-Kind Private Equity Deal for Athletics Department

University of Utah finalizes first-of-its-kind private equity deal for athletics department

University of Utah finalized a private equity deal with Otro Capital for athletics. | KSL.com. SALT LAKE CITY (KSL.com) — The long wait is over. Six months after the University of Utah board of trustees unanimously approved a measure to pursue a first-of-its-kind deal to partner with New York-based equity firm Otro Capital, the two parties have finalized a deal that will infuse the university’s athletic department with much-needed money and prov…

Utah athletics becomes 1st to close private equity deal

The University of Utah finalized a groundbreaking partnership with a private equity firm on Friday to help fund the school's 19 athletic programs.

Utah’s private equity deal with Otro Capital has been finalized. Is it a model other schools could follow?

The University of Utah athletic department’s deal with private equity firm Otro Capital was officially finalized on Friday. What you need to know.

Utah’s private-equity deal with Otro Capital is signed. Here’s who will lead the Utes’ new company.

The University of Utah athletics department has finalized its deal with New York-based private equity firm Otro Capital.

University of Utah, Otro Capital finalize deal to form Crimson Brand Partners

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College Sports PE Takes Next Step With $100M Utah-Otro Deal

The University of Utah has finalized an agreement with private equity firm Otro Capital to create a new for-profit entity, Crimson Brand Partners, the school announced Friday morning. No financial details were revealed, but Otro is committing at least $100 million to the endeavor, according to someone familiar with the agreement. “When we met our […]