2021 SPURS OFF-SEASON NEWS
Posted: Sat Jun 19, 2021 12:04 am
Separate from the roster-specific thread for clarity as there's anticipation that there will be changes to keep track of, this thread will address the team news as it happens. The first is big:
SAN ANTONIO SPURS NAME PETER J. HOLT MANAGING PARTNER AND INTRODUCE SIXTH STREET AND MICHAEL DELL AS STRATEGIC PARTNERS
https://www.nba.com/spurs/san-antonio-spurs-name-peter-j-holt-managing-partner-and-introduce-sixth-street-and-michael-dell
EDIT to add that the stake that the collective minority ownership sold and its subsequent distribution:
(Source: REALGM Wiretap)
SAN ANTONIO SPURS NAME PETER J. HOLT MANAGING PARTNER AND INTRODUCE SIXTH STREET AND MICHAEL DELL AS STRATEGIC PARTNERS
The San Antonio Spurs today announced that Peter J. Holt has been elevated to Managing Partner. At the same time, Sixth Street, a leading global investment firm, and Michael Dell have joined the Spurs investor group as Strategic Partners. Both moves have been approved by the NBA Board of Governors. The transaction is scheduled to close next week.
Sixth Street manages over $50 billion in assets and operates from nine offices around the world. The firm was founded in 2009 as a partnership focused on core values of integrity, responsibility, and teamwork. Sixth Street’s investing approach is built around using its long-term, flexible capital base, cross-platform team culture, and data-enabled capabilities to offer solutions to companies across all stages of growth. Select current and past representative Sixth Street investments include Airbnb, AirTrunk, Caris Life Sciences, Legends, and Spotify.
Michael Dell is Chairman and Chief Executive Officer of Dell Technologies, a company that he founded in 1984 at the age of 19. Dell Technologies helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry's broadest and most innovative technology and services portfolio for the data era.
https://www.nba.com/spurs/san-antonio-spurs-name-peter-j-holt-managing-partner-and-introduce-sixth-street-and-michael-dell
EDIT to add that the stake that the collective minority ownership sold and its subsequent distribution:
(Source: REALGM Wiretap)