MoFo Advises Blue Pool Capital as Lead Investor in AUBL Series A Funding Round
Morrison Foerster (“MoFo”) is advising Blue Pool Capital Limited (“Blue Pool Capital”) in relation to the Asian University Basketball League’s (“AUBL”) successful Series A funding round, on which Blue Pool Capital is lead investor. The newly raised capital will help accelerate AUBL’s strategy to expand and scale its global sports competitions in 2026 and 2027, including the return of the AUBL 2026 tournament in August 2026, and the launch of its inaugural home-and-away season launching in November 2026, with games stages across Asia.
Blue Pool Capital is a Hong Kong-based investment management firm and manages the family office of Alibaba, co-founder and Brooklyn Nets, owner Joe Tsai. Sanctioned by the Asian University Sports Federation (“AUSF”), the AUBL is a premier pan-regional intercollegiate basketball league featuring Asia’s most distinguished university programs.
MoFo is representing Blue Pool Capital in connection with the transaction, building on its 2025 seed investment. Blue Pool Capital was joined by other global investors, including Avenue Capital Group, led by Marc Lasry, former co-owner of the Milwaukee Bucks; Nan Fung Group, a leading Hong Kong-based conglomerate; HSG (formerly Sequoia China), one of Asia’s most influential venture-capital firms; Bolt Ventures, the family office of Philadelphia 76ers co-owner David Blitzer; and Yao Ming, global basketball icon and former Chinese Basketball Association president.
The closing of the Series A Funding round was announced by AUBL on April 9, 2026.
The MoFo deal team was led by cross-border Singapore-based private equity partner Scott Jalowayski and was supported by private equity/M&A associates Katrina Tsoi (Hong Kong) and Andre Tan (Singapore).
Read AUBL’s press release.
Scott A. JalowayskiPartner
Katrina TsoiAssociate
Andre TanAssociate
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