The Raine Capital is an American boutique investment and merchant bank specializing in industries within technology, media, and telecommunications (TMT). The firm has played a significant role with companies such as Endeavor, SoftBank Group, WWE, and UFC, among others. Additionally, Raine Group has been involved in transactions with several Premier League football clubs.
Joe Ravitch, Co-Founder and Partner at Raine, is deeply involved in the firm's operations, focusing on global entertainment, sports, and digital media conglomerates. Based in Los Angeles with extensive travel to key global hubs, he serves on the boards of Raine portfolio companies like Propagate Media, Imagine Entertainment, and Candle Media. Before Raine, Ravitch spent 16 years at Goldman Sachs, where he was a senior partner in London, Hong Kong, and New York. His tenure at Goldman included pivotal roles in sports, media, and telecommunications transactions, such as the creation of the YES Network and the sale of MGM Studios. Before his finance career, Ravitch practiced law at Cleary Gottlieb Steen & Hamilton LLP and clerked for Judge Pierre N. Leval in New York. He graduated magna cum laude from Amherst College and holds a J.D. from Yale Law School.
Jeff Sine, Co-Founder and Partner at Raine, has a distinguished career spanning finance and law. Before co-founding Raine, he held key roles at UBS Investment Bank, including Vice Chairman and Global Head of Technology, Media & Telecom Investment Banking. Prior to UBS, Sine led Media Investment Banking at Morgan Stanley. He began his career as an attorney at Sullivan & Cromwell. Sine is deeply engaged in various boards, including NPR and Educational Testing Service, and has received three Tony Awards for his contributions to Broadway and London's West End. He holds a B.A. from American University and a J.D. from the University of Southern California.
Raine Capital is a hedge fund managing discretionary assets totaling $3,418,300,000, according to their Form ADV dated May 3, 2024. The firm serves 44 clients and, in its most recent 13F filing for Q1 2024, reported managing $234,617,914 in 13F securities, with a top 10 holdings concentration of 100%. Raine Capital's largest holding is 32,220,439 shares of Olo Inc.
