Private equity has stakes in 20 of the 30 NBA teams, 18 of 30 MLB teams, 14 of 29 MLS teams, and 10 of 32 NHL teams. Franchise valuations have reached levels where individual families rarely control entire organizations alone. The prestige factor appeals to many investors—the ability to claim partial ownership of teams like the Boston Red Sox.
Key Argument
For most investors across various asset classes, ACCESS is the most important ingredient to investment success.
Private equity distribution and advisory information access have democratized investment opportunities historically reserved for ultra-wealthy individuals. Modern investment advisors can now offer clients uncorrelated assets that enhance portfolio diversification and risk-adjusted returns.
Investor Preferences
Two universal investor preferences: seeking higher returns with lower risk, and understanding their investments. Private equity better serves these goals today than at any previous time.