Arizona Scores Substantial Gain From Ipswich Town FC Stake

The Arizona Public Safety Personnel Retirement System has locked in a sizable gain from its four-year investment in Ipswich Town Football Club, after the English side underwent a significant reshuffle of its ownership structure.

PSPRS, which first backed Ipswich in 2021 through funds managed by ORG Portfolio Management, sold part of its stake to Portman Holdings LLC, which has acquired a controlling stake in Gamechanger 20 Ltd, Ipswich Town’s parent company.

Portman Holdings LLC is a newly formed group consisting of existing Ipswich investors including the Three Lions Fund, led by US businessmen Berke Bakay and Brett Johnson, ...