Buoyed by the $4 billion sale of the UFC this past July, the Fertitta brothers are getting into the investment game. The Wall Street Journal today reported Lorenzo and Frank Fertitta have formed Fertitta Capital, a direct investment firm focused on technology, media and entertainment. With $500 million in startup cash, the firm aims to provide “long-term, flexible capital” to companies in those sectors, investing between $20 million and $75 million in private companies. Former UFC CFO Nakisa Bidarian will serve as a chief executive, while Lorenzo Fertitta will serve as chairman
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Fertitta brothers use UFC sale money to form investment firm – MMA Junkie