Carmelo Anthony Sets $750 Million Private Equity Fund with Isos Capital to Invest in Sports

Basketball idol Michael Jordan played hardball with Carmelo Anthony at the negotiating table in 2011. It inspired the younger NBA star on a business journey that has led him this week to forming a $750 million private equity fund, Isos7 Growth Equity. “We’re fighting for a deal, and Michael walks in,” Anthony said in an interview with Variety‘s sibling publication Sportico, recounting his time as a player representative in the 2011 NBA lockout. Jordan was a legendary player, but when he sat down across from Anthony, he was a team owner, firmly focused on the dollars and cents. “We had… Read Full Article