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Angelakis launches his $4b Comcast-financed fund

Feb 18, 2016 - Philadelphia Inquirer
Board and Executive Moves-Mergers and Acquisitions

As Comcast Corp.'s CFO, Michael Angelakis negotiated the deal that brought entertainment conglomerate NBCUniversal to the Philadelphia cable giant in 2011 for $30 billion.

He soon followed that with a hugely successful bet expanding Universal's theme parks, further diversifying Comcast away from cable.

Now Angelakis is going out on his own, with $4 billion in Comcast money, creating an independent investment fund, incorporated as "Atairos," that could produce returns or diversified...