TPG, in partnership with career Grand Slam golfer Rory McIlroy, his business partner Sean O’Flaherty, and their team at Symphony Ventures, has launched TPG Sports, a dedicated investing business focused on partnering with companies, teams, and leagues shaping the future of sports.
TPG Sports will pursue investment opportunities across the sports ecosystem, bringing a private equity approach to sports investing, providing business-building capabilities and strategic primary capital to help sports IP and operating businesses grow and scale.
The strategy has secured a significant anchor commitment from an investment vehicle managed by Lunate, an Abu Dhabi-based independent alternative investment manager with more than $110bn in assets under management.
McIlroy and O’Flaherty will serve as Operating Partners for the strategy, contributing to sourcing investments and value creation across the portfolio. The pair are experienced business builders within sports having founded Golf Pass in conjunction with NBC Sports, as well as co-founding TGL (TMRW Golf League).
Through Symphony Ventures, McIlroy and O’Flaherty have been active investors across the sports and broader wellness space for nearly a decade and have partnered with TPG on a number of investments over the past six years, including Troon Golf.
