This podcast interviews Ian Charles and Doc O'Connor, co-founders of Arctos Sports Partners, a private equity firm specializing in minority stakes in professional sports franchises. The discussion covers their backgrounds, the investment opportunity in sports franchises (a $400 billion market), the unique characteristics of the asset class, and the firm's investment process and growth strategy. Arctos leverages its deep industry knowledge and network to source deals and add value through operational improvements and strategic partnerships. A key takeaway is the surprisingly high and consistent historical returns of sports franchises, driven by media rights, local market dominance, and the enduring cultural significance of sports. The interview concludes with personal insights from the founders on their hobbies, daily habits, and key life lessons learned.
