Alan Waxman is probably not a name most Bay Area sports fans have known for a long time. But he’s becoming a bigger and bigger player in the Bay Area sports scene — this time through the San Francisco Giants.

The San Francisco Giants have sold about a 10% stake in the franchise to Sixth Street Partners, joining the list of sports teams that have sold a significant stake to private equity.

The San Francisco Giants and Sixth Street, a leading global investment firm, today announced a new strategic partnership. Sixth Street’s significant new equity investment into the Giants will support the organization in its pursuit to be champions on and off the field.