Sports & Entertainment

Sports & Entertainment makes investments in private companies that create and own premium intellectual property that can be distributed and monetized in multiple ways within the sports and entertainment sectors.

Premium Intellectual Property

Focus on S&E businesses that own premium intellectual property

Uncorrelated Assets

Can offer investments that are largely uncorrelated with public markets

Strong Demand

Diversified portfolio of seed assets to take advantage of strong demand for S&E

Strategy and Investment Thesis

The core of the S&E investment strategy is a belief in the enduring value of premium intellectual property. We seek to invest in S&E businesses with the following characteristics:

Defensible Moats

Leading Market Share

Strong Customer Affinity

Recurring Cash Flow

Multiple Revenue Streams

Growth Opportunity

Resilience Through Cycles

Investment Focus and Approach

Premium IP receives an outsized share of value from market growth, often driven by innovative tech and distribution. S&E strategy focuses on investment opportunities where the ownership of premium IP intersects with these trends.

Ownership & Creation of Premium IP

Growth in Underlying Consumer Demand

Technology & Distribution Innovation

Investment and Portfolio Approach

Long-Term Horizon with Flexible Solutions

Strategic Insight and Industry Relationships

Downside Protection Through Structure and Governance

Minimum Rates of Return Plus Equity Upside

Seeks Diversity Across Industry, Asset Type, and Business Size

Investment Committee