New York

Bobby Sharma of Bluestone Equity Invests in RWS

Bobby Sharma, Founder and Managing Partner of Bluestone Equity Partners, a New York City-based private equity firm, recently invested $20 million in RWS Global, an entertainment agency that services more than 600 events a year around the world. With its recent acquisition of Great Big Events, a sports entertainment outfit based in Waterloo, Australia, RWS is quickly expanding into the sports sector.

Sports entertainment is a familiar area for Bluestone executives Bobby Sharma, former Vice President of the NBA, and Kyle Charters, the former Managing Director at Inner Circle Sports. In 2023, Sharma and Bluestone raised $300 million for its growth equity fund, which will be focused on global sports and entertainment.

The growing popularity of live sporting events makes it an attractive asset to boutique investment bankers in New York and beyond.

James

James Allenby is the editor of Gowanus Lounge, bringing to his position a vast background on New York, and especially Brooklyn history, culture and lifestyle. Born and bred in the heart of "the County of Kings" James Allenby knows what it means to be a Brooklynite, and imparts this meaning at all times to his readers. Contact James at info(at)gowanuslounge.com.