Artist Capital raises $100m

The New York-based asset manager closed its first e-sports fund at its target.

Artist Capital held a final closing of Artist e-Sports Edge I at $100 million, meeting its $100 million target. Capital raised by the vehicle will be used to invest in online gaming companies throughout the United States.

Founded in 2018, Artist Capital is a growth asset manager based in New York City that targets global companies across diversified sectors. The firm also has offices in Charlotte, North Carolina in addition to its New York headquarters.