M&A daily wrap: MSG, New York Knicks, New York Rangers, Amazon, PillPack, Audax, Bain Capital

Across lower middle-market private equity, fundraising momentum is increasingly colliding with the finite supply of founder-owned businesses available at attractive valuations.

Fox brings more than 20 years of experience scaling retail and e-commerce brands.

The alternative asset industry's long-standing bargain — higher yields in exchange for opacity and illiquidity — is being dismantled piece by piece, and the firms moving fastest to replace it may define the next decade of the private market.