CAZ Investments, one of the top 125 allocators to private equity worldwide, is pleased to announce that it has partnered with iCapital, the global fintech platform driving the world's alternative investment marketplace for the wealth and asset management industries, to deliver financial advisors 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. "Simplified access to such a unique asset class is a win for CAZ, our advisors, and the clients they serve."

CAZ curates unique and exclusive alternative investments for a global network of investors. In partnership with Arctos Sports Partners, CAZ has become one of the largest allocators to professional sports as an asset class.

In 2019, Major League Baseball 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 negotiate record-setting media rights deals with networks and streamers alike. Professional sports teams have also shown little correlation to public markets, a desirable factor for advisors seeking to lower risk in volatile markets.

"Appetite continues to grow among financial advisors and their clients for investment opportunities in professional sports teams," said Steve Houston, Managing Director and Co-Head of iCapital Solutions. "We are pleased to support CAZ Investments' goal to increase access to these alternative investments for the wealth management channel and to help advisors and clients achieve their investment objectives."