Otro Capital Closes Oversubscribed Inaugural Sports Fund With $1.2 Billion
Otro Capital (“Otro” or “the firm”) today announced the close of its inaugural sports fund, Otro Capital Fund I (“Fund I”), with $1.2 billion in committed capital to Fund I and its affiliated investment vehicles. The fundraise substantially exceeded Fund I's initial target.
Otro Capital Welcomes New Strategic Investors Into Its €200 Million Investment in Formula 1 Team, Alpine Racing Ltd
On June 26, 2023, Otro Capital announced a €200 million strategic investment in Alpine Racing Ltd (“Alpine F1”), the Formula 1 team backed by the Renault Group.
