Comcast are splitting in two, with Michael Angelakis will become the chief executive of Comcast.
Where do Atairos sit in this reshuffle? Furthermore, exactly how are Comcast connected with Villa/V sports?
Atairos owns about 30% of V Sports, and Angelakis is on the board.
Atairos is an investment fund set up (by Angelakis) with seed capital from Comcast. There is an arrangement that after a certain period (5 years? - can’t remember now) Comcast takes ownership of most of Atairos’ investments.
Angelakis was a former Comcast executive who left to set up Atairos. Obvs, he’s now back there.