A multi-manager, multi-strategy private equity fund investing in targeted sports-related opportunities across franchises, technology, real estate, and media & entertainment.
Alpha Summit allocates to sports the way institutions allocate to any private market: specialist managers, a defined role for each position, and one mandate. Decades of multi-asset class experience, applied to an asset class most investors cannot reach directly.
Target net annualized return across the portfolio, built from a diversified set of sports-related private investments rather than a single franchise bet.
Franchise values have historically moved independently of public equities, private equity, credit, and real estate, which is the diversification case for the allocation.
A curated roster of established and emerging managers, selected so strategies complement rather than overlap across verticals, sectors, and vintages.
1 Target, not a guarantee. See disclosures.
Scarce assets, contracted revenue, and controlled entry. Franchise values have compounded through cycles that repriced almost everything else.1
¹ Source: Sportico, August 2026.
Every measured relationship sits within a tenth of zero. Source: Bloomberg, Preqin. Sports franchises represented by the Ross-Arctos Sports Franchise Index (RASFI), which estimates aggregate value and performance of North American NFL, NBA, MLB and NHL franchises; other asset classes by the corresponding Preqin, S&P and Bloomberg Barclays indices. Correlations from quarterly index returns for the period shown, chosen for data availability as of September 2024. Past performance is not indicative of future results.
Sourcing is only half the problem. The other half is deciding what belongs in the portfolio and at what size.
A curated roster of emerging and established managers, cultivated through a long history of allocating capital to third-party managers.
Emerging trends including digital fan engagement, new leagues, and NIL monetization, aligned with high-conviction theses across managers and platforms.
Strategies are prioritized across verticals and styles to avoid overlap, improve risk-adjusted returns, and deepen diversification.
Allocation to top-tier and niche managers across private equity, direct lending, real estate, credit, and now sports.
Intentional diversification across strategies, sectors, and vintages to reduce concentration risk and add downside protection.
Rigorous operational, financial, legal, and reputational review of each manager and asset, honed across decades and asset classes.
Non-cyclical business models, monopolistic content, and a global under-invested opportunity set. Over the last decade, every major U.S. league outgrew the index.
League average CAGR of 15.7% with zero down years across the four leagues, against three for the S&P 500. Bars indexed to the highest CAGR shown; values compounded at each series' 2013 to 2023 CAGR. Source: Forbes and S&P Capital IQ as of September 30, 2024. Past performance is not indicative of future results.
Money League figures reported in euros (€10.5bn / €9.2bn), converted at approximately 1.09 USD per EUR. Sources: Deloitte Football Money League; Forbes, Sportico, and Avenue analysis as of September 30, 2024.
Sports is the one media category that still delivers a scaled audience in a fragmented television ecosystem. Amazon, YouTube, Apple, and Netflix are all now bidding for live rights, and each cycle reprices higher.
Each renewal has repriced higher: NFL 1.6x, 1.6x, then 1.9x per cycle; NBA 1.2x, 2.9x, then 2.6x; MLB 1.3x, 2.1x, then 1.2x; NASCAR 1.4x, 1.5x, then 1.3x. * Includes Roku's Sunday Leadoff package from 2024 to 2026. Source: Strategy&, May 2022; SportsBusiness Global Media Report, 2022; JP Morgan Sports Rights Almanac 2023, July 2023; Avenue analysis as of September 30, 2024.
Each pillar carries a different risk and duration profile. Together they cover the revenue that flows through a franchise, not just the franchise itself.
Indicative ranges at Adviser discretion. Teams and franchises carry the portfolio; technology, media, and real estate widen the return sources without duplicating the same risk.
Target allocations are indicative and may change at the Adviser's discretion. Ranges sum to 100% at range midpoints.
Six tests every underlying manager clears before capital is committed.
Past performance reviewed for consistency and ability to reach target returns on a risk-adjusted basis, plus the team's record on similar strategies.
Industry reputation, investor references, consistency in adhering to a stated philosophy over time, and incentive structures that align with investors.
Philosophy, process, and style examined to confirm the strategy fits the Fund's objectives and adds to diversification rather than duplicating it.
Reasonable management and performance fees, clearly defined liquidity terms, and a preference for institutional-quality governance and reporting.
Operational processes, regulatory adherence, and compliance culture, including technology, cybersecurity, client service, and scalability.
Market trends, demographic shifts, and growth opportunities assessed for long-term profitability and fit with the Fund's objectives.
A selected subset of portfolio investments across established leagues, emerging leagues, technology, media & entertainment, and sports-related real estate. Not the full investment portfolio.
A selected subset of portfolio investments, not the full portfolio, shown for informational purposes only. Holdings are subject to change, and it should not be assumed that future investments will be profitable. All trademarks, service marks, logos, and brand names are the property of their respective owners; use is solely informational and does not imply affiliation with or endorsement by the trademark owners.
Three stages, three groups. No investment reaches the portfolio without clearing all of them.
The dedicated alternatives team, led by Steven Dymant, runs sourcing, screening, underwriting, investment memoranda, and portfolio construction.
Senior compliance, legal, and operations engage in later stages to evaluate candidates before they reach the Investment Committee.
The Investment Committee reviews the memorandum and supporting opinions from operations, compliance, legal, and portfolio construction, then votes.
* Indicates
* Indicates Investment Committee member. Leonard Green serves as Compliance Manager, previously a Partner, Co-Portfolio Manager, and Senior Trader across equity derivatives, credit, convertibles, and risk arbitrage.
Full terms are set out in the Fund's offering documents.
| Fund Name | SP Goal Line Growth Fund, LP |
| Structure | Private fund with capital call structure |
| Investment Adviser | SteelPeak Wealth, LLC |
| Term | 10 years from Initial Closing, with two 1-year GP extensions and three further 1-year extensions with LP consent |
| Fee Structure | 1.00% management fee (advisory clients) |
| Carried Interest | 10% on capital gains |
| Investment Minimum | $250,000 (lower amounts at GP discretion) |
| Initial Capital Call | 50% to 60% of committed capital, dependent on capital flows |
| Target Closing Date | December 2026 |
| Valuation | Annual audited valuation |
| Tax Reporting | Annual Schedule K-1 |
| Fund Administrator | Panoptic Fund Administration, Inc. |
| Auditor | CohnReznick LLP |
| Eligibility | Qualified Purchasers who are also Accredited Investors |
Risks: please refer to the Fund's offering documents for a more detailed discussion regarding the risks associated with this investment.
From confirming eligibility to funding a commitment.
Verify Qualified Purchaser and Accredited Investor status, and review the allocation against your existing private markets exposure.
Read the Private Placement Memorandum, Limited Partnership Agreement, and Subscription Agreement in full.
Work through the holding period, capital call schedule, and K-1 timing with your advisor and tax advisor.
Complete the Subscription Agreement and Offering Questionnaire.
For eligibility, allocations, or operational detail on the Goal-Line Growth Fund, connect with Alpha Summit.