CAZ Investments has partnered with iCapital to deliver financial advisers and their clients streamlined access to one of its core investment strategies, ownership of professional sports teams. Now available on the iCapital Marketplace, this investing strategy is focused on owning minority stakes in professional sports teams across the spectrum of major sporting leagues.
"Professional sports investing is an extremely unique strategy with little to no correlation to public markets," said Christopher Zook, chairman and CIO of CAZ Investments.
In 2019, Major League Baseball (MLB) was the first major North American league to open the door to private equity taking a minority and passive interest in teams. With the NFL being the final league to open the door to private equity in 2024, investors can now access ownership stakes in teams across all five of the major North American Leagues (MLB, NHL, NBA, MLS, and NFL). With cord-cutting as a tailwind, leagues have been able to n
