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Hartford landlord Gottesdiener buys WNBA franchise

Hartford landlord Larry Gottesdiener, once one of the city’s most prolific property owners and boosters, is diversifying his portfolio with a new type of asset ‒ a WNBA franchise. The Atlanta Dream WNBA team announced Friday that Gottesdiener, founder and chairman of Northland Investment Corp., is the lead investor in a three-member group that purchased the women’s professional basketball club for an undisclosed price.  The ownership group also includes former UConn women’s basketball star and Dream player Renee Montgomery and Northland President and Chief Operating Officer Suzanne Abair. “It is a privilege to join a team of inspiring women who strive for excellence on the court and equity off the court,” Gottesdiener said. “I would like to express my gratitude to Commissioner Engelbert, Commissioner Silver, and the WNBA and NBA Boards of Governors for the opportunity.”

Opening Bell: 3 1 21

Opening Bell: 3.1.21 Author: Mar 1, 2021 WalMarcus; Warren wealth tax; CNOOK snookered; Loeffler out (again); and more! Omer Ismail, the head of Goldman’s consumer bank, is making a surprise exit to the fintech, according to people with knowledge of the matter…. David Stark, one of his top lieutenants at Goldman, will join him in the new venture…. The departures are a setback for Goldman, which had just entrusted Ismail and Stark with bigger roles. Ismail formally assumed control of the consumer bank at the start of the year. Rocket Lab struck a deal with Vector Acquisition Corp. that would value the U.S.-New Zealand startup at around $4.1 billion including debt, the company said Monday…. Vector Acquisition, backed by technology-focused private-equity firm Vector Capital, raised $300 million in a September initial public offering…. Rocket Lab’s deal with Vector includes additional funds of about $470 million in the form of a so-called private investment in public equ

Breaking down the WNBA s new ownership landscape after sale of Atlanta Dream

Table: Axios VisualsThe Atlanta Dream were sold over the weekend to a three-person ownership group that includes former WNBA star Renee Montgomery.Why it matters: After Dream co-owner and former Sen. Kelly Loeffler denounced the Black Lives Matter movement last summer, WNBA players pushed for her to sell the team, while also helping lead a grassroots movement to elect Raphael Warnock to her Senate seat.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeWith this sale, both campaigns have now proven successful.Leading the purchase this weekend were Larry Gottesdiener and Suzanne Abair, the chairman and COO, respectively, of Northland, a Boston-based real estate equity firm. Renee Montgomery. Photo: Rich von Biberstein/Icon Sportswire via Getty ImagesOf note: Montgomery, 34, who retired this month after sitting out the 2020 season to focus on social justice initiatives, is the first former player to be part of a WNBA ownership group."

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