BlackSun Raises $1 Billion for New Sports and Media Fund

Antonn Muhammed, CEO of private equity firm Blacksun, said that his firm believes in 'compassionate capitalism' in their work and aim to provide services for everyone as well as investors. Muhammed was joined by former boxing world champion Roy Jones Jr., who leads BlackSun's boxing group 'Knockout Fights.' Jones said that their new venture includes important physical and financial protections for athletes in a dangerous sport. (Source: Bloomberg)