Penn State acknowledged a contract with Elevate but said it does not include private equity. In 2024 Penn State signed a "landmark" ticketing contract with Elevate, with which it had a previous deal.

Penn State athletics has “no affiliation or involvement with any private equity firm or fund,” athletic director Pat Kraft said in a statement to PennLive on Monday evening. This comes after a ...

P enn State denied a report that it has partnered with a new $500 million private equity fund to help finance the future of Nittany Lions sports. Sportico on Monday reported that Penn State and ...

Penn State athletics has “no affiliation or involvement with any private equity firm or fund,” athletic director Pat Kraft said in a statement to PennLive on Monday evening.