TD Garden

Investing in the teams who are transforming the sports, media, and entertainment ecosystem.

Portfolio

Team

About

At Causeway Media Partners, we invest in sports media and technology companies to accelerate growth. We use our operating success, investment expertise, and sports experience to offer critical insights for our portfolio companies.

We are growth stage investors with a global mandate. We have $345M in capital under management. If you think your company is a good fit, reach out to us at info@causewaymp.com.

Wyc Grousbeck  (wyc@causewaymp.com), Cambridge Office  Wyc has more than 25 years of investment, operating and legal experience. In 2002, Wyc conceived of and led the acquisition of the Boston Celtics, then a publicly-traded company, and became CEO and NBA Governor of the team. Wyc is a member of the Media, Executive, Audit, Compensation, Planning and Labor Committees of the NBA.  Wyc was a General Partner of Highland Capital Partners from 1995 to 2002. While at Highland, he worked closely with Bob Higgins and frequently co-invested with Mark Wan. His early career included time spent as a venture capital lawyer and a business development manager.  Wyc serves on the Board of Directors of Formula E Holdings, Peerfit, Comcast SportsNet New England, and is Chairman of the Massachusetts Eye and Ear Infirmary. He is a graduate of Princeton University where he rowed varsity crew. He also holds a law degree from the University of Michigan and earned an MBA from Stanford Business School.

Wyc Grousbeck (wyc@causewaymp.com), Cambridge Office

Wyc has more than 25 years of investment, operating and legal experience. In 2002, Wyc conceived of and led the acquisition of the Boston Celtics, then a publicly-traded company, and became CEO and NBA Governor of the team. Wyc is a member of the Media, Executive, Audit, Compensation, Planning and Labor Committees of the NBA.

Wyc was a General Partner of Highland Capital Partners from 1995 to 2002. While at Highland, he worked closely with Bob Higgins and frequently co-invested with Mark Wan. His early career included time spent as a venture capital lawyer and a business development manager.

Wyc serves on the Board of Directors of Formula E Holdings, Peerfit, Comcast SportsNet New England, and is Chairman of the Massachusetts Eye and Ear Infirmary. He is a graduate of Princeton University where he rowed varsity crew. He also holds a law degree from the University of Michigan and earned an MBA from Stanford Business School.

Bob Higgins  (bob@causewaymp.com), Cambridge Office  Bob has over 30 years of venture and private equity investment experience. From 1988 to 2013, he was General Partner and Co-Founder of Highland Capital Partners, an investment firm that has raised over $3 billion of capital across nine funds. During his tenure, Bob worked with Wyc Grousbeck and frequently co-invested with Mark Wan.  In 2012, Bob was elected a fellow of the American Academy of Arts and Sciences. He is also a former director of the National Venture Capital Association and president of the New England Venture Capital Association. The Forbes Midas List and AlwaysOn Venture Capital 100 recognized him as one of the top venture capitalists in the industry.  Before starting in venture capital, Bob was the executive director of 3 private foundations in New York. Bob is a former Assistant to both the U.S. Secretary of Commerce and the head of the international division of the U.S. Treasury.  Bob is a graduate of Harvard University where he played varsity hockey. Also, he earned an MBA from Harvard Business School, where he is a part-time faculty member.

Bob Higgins (bob@causewaymp.com), Cambridge Office

Bob has over 30 years of venture and private equity investment experience. From 1988 to 2013, he was General Partner and Co-Founder of Highland Capital Partners, an investment firm that has raised over $3 billion of capital across nine funds. During his tenure, Bob worked with Wyc Grousbeck and frequently co-invested with Mark Wan.

In 2012, Bob was elected a fellow of the American Academy of Arts and Sciences. He is also a former director of the National Venture Capital Association and president of the New England Venture Capital Association. The Forbes Midas List and AlwaysOn Venture Capital 100 recognized him as one of the top venture capitalists in the industry.

Before starting in venture capital, Bob was the executive director of 3 private foundations in New York. Bob is a former Assistant to both the U.S. Secretary of Commerce and the head of the international division of the U.S. Treasury.

Bob is a graduate of Harvard University where he played varsity hockey. Also, he earned an MBA from Harvard Business School, where he is a part-time faculty member.

Mark Wan  (mark@causewaymp.com), Palo Alto Office  Mark brings over a quarter century of successful private equity and venture investment experience to the firm. Prior to forming Causeway, he was a co-founding partner of Three Arch Partners from 1993 to 2012, a healthcare- focused investment firm that raised over $1 billion of capital commitments across five funds. During his tenure at Three Arch Partners, Mark often co-invested alongside Wyc Grousbeck and Bob Higgins at Highland Capital. Prior to Three Arch Partners, Mark was a general partner at Brentwood Associates, a private equity firm headquartered in Los Angeles.  Mark was a key part of the investment group that purchased the Boston Celtics in 2002. In addition to being an owner in the Celtics, Mark is also an owner in the NFL’s San Francisco 49ers. Mark is a former director of the Western Association of Venture Capitalists.  Mark is a graduate of Yale University and earned an MBA from Stanford Business School. At Yale, he was a varsity swimmer and water polo player.

Mark Wan (mark@causewaymp.com), Palo Alto Office

Mark brings over a quarter century of successful private equity and venture investment experience to the firm. Prior to forming Causeway, he was a co-founding partner of Three Arch Partners from 1993 to 2012, a healthcare- focused investment firm that raised over $1 billion of capital commitments across five funds. During his tenure at Three Arch Partners, Mark often co-invested alongside Wyc Grousbeck and Bob Higgins at Highland Capital. Prior to Three Arch Partners, Mark was a general partner at Brentwood Associates, a private equity firm headquartered in Los Angeles.

Mark was a key part of the investment group that purchased the Boston Celtics in 2002. In addition to being an owner in the Celtics, Mark is also an owner in the NFL’s San Francisco 49ers. Mark is a former director of the Western Association of Venture Capitalists.

Mark is a graduate of Yale University and earned an MBA from Stanford Business School. At Yale, he was a varsity swimmer and water polo player.

Dave Poltack  (dave@causewaymp.com), Cambridge Office  Dave has over 20 years of private equity and venture capital experience. As Causeway’s Chief Financial Officer, Dave is responsible for all financial, operational and administrative functions of the firm including financial reporting, human resources, facilities, IT and investor relations.  From 2011 to 2017, Dave was the Chief Financial Officer and a Managing Director at Globespan Capital Partners, an IT focused global venture capital firm that raised over $1 billion of capital commitments across six funds. His early career included time spent at TVM Capital, a global venture capital firm, and PricewaterhouseCoopers.  Dave currently serves on the Board of Directors of Credit Sesame, the Private Equity CFO Association in Boston and as Treasurer of TiE's Boston Chapter, a not for profit organization promoting entrepreneurship. David earned a bachelor degree in Accountancy, with honors, from Boston College, an MBA, with honors, from Suffolk University and is a Certified Public Accountant.

Dave Poltack (dave@causewaymp.com), Cambridge Office

Dave has over 20 years of private equity and venture capital experience. As Causeway’s Chief Financial Officer, Dave is responsible for all financial, operational and administrative functions of the firm including financial reporting, human resources, facilities, IT and investor relations.

From 2011 to 2017, Dave was the Chief Financial Officer and a Managing Director at Globespan Capital Partners, an IT focused global venture capital firm that raised over $1 billion of capital commitments across six funds. His early career included time spent at TVM Capital, a global venture capital firm, and PricewaterhouseCoopers.

Dave currently serves on the Board of Directors of Credit Sesame, the Private Equity CFO Association in Boston and as Treasurer of TiE's Boston Chapter, a not for profit organization promoting entrepreneurship. David earned a bachelor degree in Accountancy, with honors, from Boston College, an MBA, with honors, from Suffolk University and is a Certified Public Accountant.

Jasmine Robinson  (jasmine@causewaymp.com), Palo Alto Office  Jasmine joined Causeway in 2017 as a Director and is responsible for deal sourcing, diligence, and portfolio operations.  Prior to Causeway, Jasmine held sports-focused investing roles with The Raine Group and the San Francisco 49ers family office. Prior to that, she worked for the 49ers where she led strategic projects across sponsorship, ticket sales, stadium technology, retail, and concessions. Jasmine began her career at Bain & Company where she worked with retail and technology companies to support strategy development and operational improvements.  Jasmine received her MBA from Stanford Graduate School of Business where she was an Arjay Miller Scholar and her AB from Harvard University where she graduated Magna Cum Laude.

Jasmine Robinson (jasmine@causewaymp.com), Palo Alto Office

Jasmine joined Causeway in 2017 as a Director and is responsible for deal sourcing, diligence, and portfolio operations.

Prior to Causeway, Jasmine held sports-focused investing roles with The Raine Group and the San Francisco 49ers family office. Prior to that, she worked for the 49ers where she led strategic projects across sponsorship, ticket sales, stadium technology, retail, and concessions. Jasmine began her career at Bain & Company where she worked with retail and technology companies to support strategy development and operational improvements.

Jasmine received her MBA from Stanford Graduate School of Business where she was an Arjay Miller Scholar and her AB from Harvard University where she graduated Magna Cum Laude.

Chris Warren  (chris@causewaymp.com), Cambridge Office  Chris joined Causeway in 2017 as a Director and is responsible for deal sourcing, diligence, and portfolio operations.  He has worked at a variety of sports-related investment firms, including Moorad Sports Partners, Park Lane, and KB Partners, and brings relevant industry knowledge and experience to Causeway’s investment team. Earlier in his career, Chris worked at Cambridge Associates, a global investment advisory firm, where he was responsible for portfolio management and investment research on behalf of institutional investors and private clients.  Chris received his MBA from Kellogg School of Management and his BA with Honors from Williams College.

Chris Warren (chris@causewaymp.com), Cambridge Office

Chris joined Causeway in 2017 as a Director and is responsible for deal sourcing, diligence, and portfolio operations.

He has worked at a variety of sports-related investment firms, including Moorad Sports Partners, Park Lane, and KB Partners, and brings relevant industry knowledge and experience to Causeway’s investment team. Earlier in his career, Chris worked at Cambridge Associates, a global investment advisory firm, where he was responsible for portfolio management and investment research on behalf of institutional investors and private clients.

Chris received his MBA from Kellogg School of Management and his BA with Honors from Williams College.

Wendy Cooper  (wendy@causewaymp.com)  Executive Assistant, Wyc Grousbeck

Wendy Cooper (wendy@causewaymp.com)

Executive Assistant, Wyc Grousbeck

Jossette Curtis  (jossette@causewaymp.com)  Executive Assistant, Mark Wan and Jasmine Robinson

Jossette Curtis (jossette@causewaymp.com)

Executive Assistant, Mark Wan and Jasmine Robinson

Patty McKinnon  (patty@causewaymp.com)  Executive Assistant, Bob Higgins

Patty McKinnon (patty@causewaymp.com)

Executive Assistant, Bob Higgins

WarnerMedia-Backed Video-Tech Vendor You.i TV Raises $23 Million Led by Causeway Media Partners

VARIETY--You.i TV, a vendor of software for building cross-platform user interfaces for video apps, has closed $23 million in growth capital led by Causeway Media Partners, an investment fund focused on sports media and tech. The 10-year-old Canadian company will use the funding to growth You.i TV’s global footprint — particularly in Latin American and Europe — as well as build out its developer community and invest in new ad-tech solutions, said co-founder and CEO Jason Flick.

“We’ll be able to get to market faster with this funding,” Flick said. The company sees a growing opportunity to enable the efficient delivery of UI experiences for internet video services, and thereby boost profitability. “For the last 10 years, it’s been about the back end – cloud infrastructure, encoding/decoding. Now the client side is the problem,” said Flick.

Read More.


'Pokemon Go' Creator Niantic Scores $4B Valuation On $245M Series C Round

FORBES—Niantic Labs, the augmented-reality game company that made Pokemon Go really go and soon will work its magic on Harry Potter, scored $245 million in a Series C fundraising round, giving the Google spinoff a valuation of nearly $4 billion, Niantic said in a release.

The round was led by IVP, with other funding participants including Samsung Ventures, CRV, Causeway Media Partners, aXiomatic Gaming, and Battery Ventures.

Read more.


Zwift, which turns indoor cycling workouts into multiplayer games, raises $120M

TECH CRUNCH—Fitness and gaming have been two of the most popular categories of apps for years, and now a startup founded out of London that has combined the two in a unique way has picked up a big round of funding to capitalise on that. Zwift, an interactive platform for people to turn indoor cycling workouts into massive, multi-participant races, social rides, and immersive explorations of new domains, has raised $120 million — money that its co-founder and CEO, Eric Min, said will be used to expand to more training categories (its first steps outside of cycling have been into running), and to add esports tournaments.

The funding — led by Highland Europe, with Europe’s True (not to be confused with True Ventures), Causeway Media and Novator participating — comes on the heels of very rapid growth for Zwift .

Read more.


Peerfit closes $8M Funding Round, Adds Second Professional Sports Team Owner to the Board

PR NEWSWIRE--Peerfit, the market leader in connecting employers and carriers with flexible fitness experiences, announced today the closing of an $8 million funding round. Veteran Peerfit investors Ark Applications and PAR, Inc led the round. 

This round includes not only a new investor, but another professional sports team owner to their group of investors. Wyc Grousbeck, the Boston Celtics' owner, and his investment group, Causeway Media Partners, joined as a majority investor in the round. Grousbeck, whose investment firm focuses on sports technology companies, is making the jump into the wellness space with Peerfit. 

Read more.


Wellness Done Better: Talking With Peerfit CEO Ed Buckley

FORBES—It wasn’t so long ago that Peerfit founder and CEO Ed Buckley, 33, was a graduate student with a side gig teaching fitness classes. Now he’s leading one of the most innovative companies in enterprise fitness tech, one that’s revolutionized corporate wellness by fostering a supportive, community-based approach to getting fit. As Buckley, a PhD, himself puts it, the Tampa-based company is serious about putting the peer — with all that implies for positive reinforcement and encouragement when the wellness road gets tough — into fitness.

Peerfit has also found itself a lucrative niche by focusing on an audience that tech mavens can tend to overlook: the huge population outside of the country’s largest metropolitan clusters.

Read more.