A spokesperson for the private equity firm said the name change will not result in any changes in investment strategies.

The deals came almost three months after the NFL allowed private equity firms to purchase stakes of up to 10% in individual teams at a meeting Aug. 27.

A few weeks after the NFL invited private equity firms to purchase passive stakes in its teams, a very different sport across the pond said it's planning something similar.

Such outside investment can provide NFL team owners with liquidity as some look to cash in on the ever-rising team valuations or fund projects such as building new stadiums.

President Biden’s decision to step down as the Democratic presidential candidate will likely add new uncertainties to the market and create a picture of confusion for investors, asset managers and other stakeholders said.

The deal is expected to strengthen the giant asset manager’s “expansion into the fast-growing private-markets data segment.”