Last year, the UFC was sold for a grand $4 billion. The Fertitta brothers, Lorenzo and Frank, profited grandly from the sale and moved forward to new ventures.
Now, it has been revealed that the Fertitta brothers have launched their new venture, Fertitta Capital. Fertitta Capital is a private investment firm that has launched with $500 million dollars.
The firm will focus on entertainment, technology and media for consumer-based companies.
Fertitta Capital Launches w/ 500m https://t.co/yAUG9XPlbx
— Jed I. Goodman (@jedigoodman) May 1, 2017
