Giants sell stake in second recent ownership deal
By Evan Webeck
Published on April 24, 2026.
Thrive Capital, a New York-based venture capital firm, is set to acquire an unspecified share of the San Francisco baseball club. The deal is pending MLB approval. This is the second time the team has brought a new investment firm into its ownership group within two years. Last May, the team sold a reported 10% stake to Sixth Street, a private equity group. The terms of the deal with Thrive were not disclosed. The team's ownership group, led by Greg Johnson and his father, Charles, and Peter McGowan, originally purchased the club in 1993.
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