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
