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PE Partnership Invests $500M In College Sports Pay Plans

By Jade Martinez-Pogue ( June 11, 2025, 5:45 PM EDT) -- Sports and entertainment investor Elevate has announced the launch of its Collegiate Investment Initiative, a $500 million partnership with Velocity Capital Management and the Texas Permanent School Fund Corp. that will provide private colleges and universities with capital and resources to bolster their athletic programs....

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