Atairos, a Bryn Mawr investment firm backed by Comcast Corp., has raised $1 billion in funding, writes Ryan Mulligan for Philadelphia Business Journal.

The investment firm which was founded in 2016 reported in documents filed with the Securities and Exchange Commission that four investors participated in the fund.

Atairos is led by former vice chairman and CFO of Comcast Michael Angelakis. Two other former Comcast executives, Alex Evans and Robert Slinkard also joined him at Atairos.

According to the Atairos website, Comcast and its subsidiaries NBCUniversal and Sky are “long-term strategic partners”, and Comcast has first rights to purchase any Atairos investments.

Companies in the Atairos portfolio also have the opportunity to work with Comcast and its subsidiaries.

The Main Line investment firm says on its website that it focuses on investing in “growth-oriented businesses” in various industries including technology, hospitality, and entertainment.

Companies in its portfolio include Opry Entertainment Group, Groupon, and Antares Audio Technologies, the creator of Auto-Tune.

Comcast’s investment in Atairos as of September 30 was $5.1 million.

Read more about the Bryn Mawr investment firm Atairos and its connections to Comcast in the Philadelphia Business Journal.

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