Sports-focused private equity firm 154 Partners, backed by Blackstone Inc. veteran David Blitzer, wrapped up fundraising for its debut vehicle with $400 million. The firm hit its hard fundraising cap, according to a statement Wednesday from 154 Partners, which makes investments on the lower end of the middle market.Blitzer, who previously led Blackstone’s Tactical Opportunities unit, is a member of 154 Partners’ investment committee along with co-founders Isaac Harrouche and Mike Berlin, who both worked with him at Tac Opps. Harrouche and Berlin launched 154 Partners last year to back smaller, family- or operator-owned companies in sports, live events, residential services and business services. 154 Partners co-founders Isaac Harrouche and Mike Berlin join to discuss the round of funding and where in the sports space they're looking to invest. They speak with hosts Tim Stenovec and Emily Graffeo, in for Carol Massar.See omnystudio.com/listener for privacy information.

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