Eric Resnick isn't sweating the weather, even on the growing number of days when his ski resorts empire is unseasonably balmy.
Driving the news: KSL Partners, the $21 billion private equity firm that Resnick co-founded and leads, just raised a $3 billion continuation fund for Alterra Mountain Co., whose properties include Palisades at Tahoe (California), Steamboat (Colorado), and Sugarbush (Vermont).
Russian figure skater Kamila Valieva was given a four-year ban by the Court of Arbitration for Sport on Monday after it found she had "committed an anti-doping rule violation."
Why it matters: Team USA confirmed late Monday the U.S. figure skating team had been awarded a 2022 Winter Olympics gold medal as a consequence of the CAS backdating the ban to disqualify Valieva from all contests where she medaled during the affected period — including the Beijing Games.