BirthME, Doulas

Rock’s ex-wife and business partner, Dany Garcia, is … The firm has been making three to five new investments per year of $50 million to $100 million each. “The Hulk is there to remind them to be a little pissed-off, a little hungry and a little angry, in the midst of having $10 cappuccinos.”Cardinale, 51, has also stayed hungry. As far as the possibility of the league resuming in 2021, Garcia told ESPN.com writer Kevin Seifert, "We're doing all the steps that need to happen for the execution of that. We saw the work that they were doing for this year, and there was some excellent, excellent work. Gerry Cardinale is the Founder and Managing Partner of the firm. While it's not 100% just turning the lights on, there is still a tremendous amount of infrastructure and relationships that you can actually call people back, pull people back. But we're also being mindful to what has actually been successful. And unlike venture capital’s boom-or-bust returns, the success rate is meant to be high.“It’s inconceivable that we would ever lose money on an investment,” Cardinale said, a hint of his native Philadelphia accent coming through. He was on the practice roster but was cut two months into the season.After five games, the XFL, which was owned by WWE Chairman Vince McMahon, canceled its season in March due to the coronavirus pandemic; then in April suspended its operations fired its employees and declared Chapter 11 bankruptcy in April. For the past four years, he’s focused on building his own firm, which aims to leverage the connections and expertise of billionaire entrepreneurs to help build businesses.“He’s not only brilliant, but he’s also very charming,” said Jones, who’s a RedBird investor. "We've been in close discussion with the current XFL management team," Garcia said. During the Coronavirus pandemic, it emerged that Vince McMahon filed for bankruptcy. And my whole thing has always been: Well, if the constructs don’t work for you, change the constructs.”RedBird’s investments are split into four units: energy, communications, opportunistic investments, and sports, leisure and hospitality. While it’s a great marketing pitch, turning away large pools of institutional capital has proved difficult for money managers needing to retain talented employees. Prior to founding RedBird, Gerry spent 20 years at Goldman Sachs where he was a Partner of the firm and a senior leader of the Merchant Bank's private equity investing business, which managed over $100 billion of private capital investments across equity, debt, real estate and infrastructure investment strategies. “Everybody tends to operate within the constructs that are presented to them. He soon brought on two partners from Little Rock, Arkansas-based Stephens Group, a family office that invested in the TierPoint deal. Hunter Carpenter and Robert Covington had previously managed money on behalf of the family of Witt Stephens Jr. and Elizabeth Campbell.Of the $1.7 billion that RedBird invested across 13 deals, more than half has been doled out after the initial investment, Cardinale said. Moreover, some of Redbird’s investments are still organized as private-equity vehicles, with few, if any, structural requirements that they be held long-term.Its executives acknowledge they haven’t found a tailor-made solution to these challenges.

https://variety.com/2020/biz/news/xfl-dwayne-johnson-1234723591 Along with ex-wife Dany Garcia and RedBird Capital chief Gerry Cardinale, the 'Skyscraper' star reportedly buys out the league's parent company from Vince McMahon for $15 million.
The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. "Excited to create something special for the fans! “These are scrappy, hungry, entrepreneurial guys.’” Dwayne "The Rock" Johnson, Dany Garcia and Gerry Cardinale's fund RedBird Capital Partners bought the XFL for $15 million. Prior to founding RedBird, Gerry spent 20 years at Goldman Sachs where he was a Partner of the firm and a senior leader of the Merchant Bank's private equity investing business, which managed over $100 billion of private capital investments across equity, debt, real estate and infrastructure investment strategies. I don’t care if we hold it forever, we’ll get back to where we need to be.


Gerry Cardinale is the Founder and Managing Partner of the firm. When you don't, it's chaos. View Gerry Cardinale’s profile on LinkedIn, the world's largest professional community. Gerry Cardinale is the Founder and Managing Partner of the firm. Those discussions are active. “He’s right at the top percentile of bankers of having fun, and he joins me right at the top of people in sports having fun.”RedBird is currently negotiating a deal to help the Yankees buy back the YES Network from Rupert Murdoch’s Cardinale is among a group of money managers, including Tony Pritzker’s PPC Partners and Byron Trott’s BDT Capital Partners, looking to attract family offices and wealthy individuals who want to be more than just passive investment partners. Alec Scheiner and Brent Stehlik, who both joined from the Cleveland Browns, help run the unit, which recently advised a client interested in buying the Carolina Panthers.“Everybody today loves sports, and they tend to have stars in their eyes. The former WWE star joined forces with Gerry Cardinale of RedBird Capital to purchase the league for a combined $15 million. The elder Steinbrenner’s criticisms “could oftentimes be ferocious,” his son said, but Cardinale was “able to handle that with a smile and keep focusing on message.”Cardinale met Cowboys owner Jones and his family in 2008. Having the wrestling icon and movie star involved in the franchise could even convince non-sports fans to tune into the product when it picks back up again.The XFL has been sold to a group that includes former WWE star Dwayne “The Rock’’ Johnson, giving the bankrupt football league the kind of star power that may draw even non-sports fans.Johnson, an actor and producer who played college football at the University of Miami, teamed up with Gerry Cardinale’s RedBird Capital to buy the league just hours before a planned auction was scheduled to begin.They paid $15 million, splitting it evenly. "For the NXT show on Aug. 22, Io Shirai will defend the women's title against Dakota Kai, and Adam Cole faces Pat McAfee.