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MMA moguls' next act: Former UFC owners launch Fertitta Capital

May 01, 2017 - L.A. Biz

Less than a year ago, brothers Lorenzo and Frank Fertitta sold Ultimate Fighting Championship to a consortium led by talent agency WME-IMG, turning their $2 million investment into a $4 billion sale.

They're ready now to invest some of those profits, launching Fertitta Capital with $500 million in seed money.

The private firm aims to invest in consumer-facing companies across technology, media and entertainment.

Nakisa Bidarian, who served as UFC CFO under the Fertittas, will l...