{"id":883060,"date":"2026-09-07T08:50:52","date_gmt":"2026-09-07T08:50:52","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/883060\/"},"modified":"2026-09-07T08:50:52","modified_gmt":"2026-09-07T08:50:52","slug":"hostplus-eyes-more-sports-investment-after-quadrupling-returns-on-ipl-cricket-team","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/883060\/","title":{"rendered":"Hostplus eyes more sports investment after quadrupling returns on IPL cricket team"},"content":{"rendered":"

Industry pension giant Hostplus has signalled it will commit far more of its $160 billion under management to sports after realising a rapid, fourfold return on its investment in an Indian Premier League cricket team.<\/p>\n

Chief executive David Elia<\/a> told the Sport NXT summit in Melbourne on Monday his fund quadrupled its $7 million investment in the Rajasthan Royals and secured an exit in just 18 months with the team\u2019s $US1.65 billion ($2.3 billion) sale to an Indian businessman via its exposure to private equity firm Siguler Guff.<\/p>\n

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