These money manager execs are more than just fans

Published: April 16, 2014

Hedge fund and private equity executives love to buy sports teams and at least two NBA franchises are for sale: Minnesota Timberwolves and LA Clippers. See some of the teams with ties to managers.

Marc Lasry & Welsey Edens - Bucks

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The Milwaukee Bucks are the latest sports team owned by hedge fund executives. A group that includes Avenue Capital Management's Marc Lasry (pictured) and Fortress Investment Group co-founder Wesley Edens agreed to buy the team for $550 million.
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