New Orleans Saints Defensive End Cam Jordan is strengthening his investment portfolio. Sportico reports that the athlete purchased a stake in eight Little Caesars locations in Indianapolis, IN, and its surrounding areas. The pizza chain holds early memories for Jordan as he would eat there while playing football at his former high school in Chandler, AZ. “It’s just the natural evolution of life and always trying to get the best out of it,” Jordan told the outlet. “I hope this is going to be something I look back on in 15 years and think, ‘This was one of the greatest [decisions] of my life, and this is how many things we’ve done.’” The deal was made possible with the help of his business partner, Andrew Feghali, who owns over 50 locations, and restaurant insider Michael Khalil. Together, they hope to scale their presence in Little Caesars’ franchising. Jordan’s expectations are leveled in part due to the advice of his father, who advised him to apply it to his time in the NFL, which...

Black-owned Nile Capital Group Holdings has acquired a stake in a leading global investment firm. According to a news release, Nile Capital, a “sector-focused, operationally-oriented private equity firm,” along with ABS Global Investments, has bought the remaining 23% minority interest in ABS from Evercore Inc. ABC will maintain majority ownership while Nile Capital signs on as a strategic investor. Nile Capital was founded by Melvin Lindsey (managing partner); Richard Pell (chief information officer and partner); and Hien Gerbereux (partner). “As investors look for a differentiated source of non-correlated alpha, ABS has provided unique solutions to meet its customers’ needs for over two decades,” Lindsey said in a news release. “Under Laurence and Gui’s leadership, ABS has built a culture of excellence driven by a focus on innovation, talent development, and a commitment to customer success. We look forward to joining forces with the ABS team to build on the strong momentum and...