Carlyle, Dynasty Equity close minority investments in Seattle Seahawks
- The investments received NFL approval at a Special League Meeting on August 26
- The deal supports the Khosla family’s purchase of the team
- Kirkland & Ellis advised both investors on the transaction
Carlyle and Dynasty Equity have completed undisclosed minority investments in the Seattle Seahawks, backing the Khosla family’s purchase of the NFL franchise. The investments received league approval at a Special League Meeting on August 26.
“Our experience investing in sports in Seattle has given us a real appreciation for the passion of the region’s fans, and we look forward to supporting the Khosla family and the organization’s long-term success,” said Ben Fund, partner at Carlyle.
“It’s a privilege to partner with this iconic franchise and group of world-class investors as the Seattle Seahawks continue to build on its legacy under the ownership of the Khosla family,” said K. Don Cornwell, co-founder and chief executive of Dynasty Equity. “The franchise has cultivated one of the most dedicated fan bases in the NFL and a brand that resonates deeply, well beyond the Pacific Northwest. We are excited to support the Seahawks’ continued success and further our enduring partnership with the NFL.”
Kirkland & Ellis served as legal advisor to Carlyle and Dynasty Equity.
Editor’s note: This news brief was produced with the assistance of artificial intelligence.