Sixth Street and Legends Acquire 30% Stake in Real Madrid Stadium Operations

Sixth Street Makes Majority Investment in Legends

July 29, 2024

Media & Entertainment

Global investment firm Sixth Street agreed to a majority investment in Legends, the premium sports and live-events hospitality and services company, in a transaction expected to close in the first quarter. Sixth Street will lead a partnership group alongside co-founders YGE Holdings (an affiliate of the New York Yankees) and Jones Concessions (an affiliate of the Dallas Cowboys); the deal is intended to accelerate Legends' global growth and expand its technology-enabled, 360-degree platform of premium experience offerings.

Sixth Street Acquires Minority Stake in San Francisco Giants

March 18, 2025

Media & Entertainment

The San Francisco Giants announced a strategic partnership in which global investment firm Sixth Street has made a significant minority equity investment—reported at approximately a 10% stake—into the franchise. The capital will support investments in the team and Oracle Park experience, while advisors to the deal included Raine Group and PJT Partners for the Giants and Sixth Street, respectively.

Northwestern Mutual Acquires Minority Stake in Sixth Street

January 7, 2025

Financial Services

Northwestern Mutual has entered a strategic partnership with Sixth Street in which Northwestern Mutual will acquire a minority equity interest in Sixth Street and commit to have Sixth Street manage $13 billion of assets, with potential to scale. The agreement expands Northwestern Mutual's access to private and opportunistic investments while providing Sixth Street with a strategic institutional investor relationship.

Sixth Street Makes Strategic Growth Investment in L+M Companies

June 11, 2025

Real Estate

Sixth Street has made a strategic partnership and significant investment in L+M Companies, a New York–based affordable and mixed-income housing developer. L+M will remain the majority partner and keep its leadership team while using the capital to expand development and preservation activity across existing and new U.S. markets.

Sixth Street Makes Minority Investment in Vía Célere and Dospuntos Asset Management

July 7, 2022

Real Estate

Sixth Street has made a minority investment in Spanish homebuilder Vía Célere and commercial real estate firm Dospuntos Asset Management; financial terms were not disclosed. The investment is intended to support each company's current strategy and management, reflecting Sixth Street's continued activity across the European real estate market.

Sixth Street and Patron Capital Acquire Cala Group from Legal & General

September 18, 2024

Real Estate

Sixth Street Partners and Patron Capital have agreed to acquire Cala Group from Legal & General for an enterprise value of £1.35 billion, with completion expected in Q4 2024. The transaction gives the PE investors control of the UK housebuilder to support Cala’s next stage of growth and further develop its landbank and delivery of new homes across Scotland and Southern England.