TD Garden

Investing in the teams who are transforming sports media and sports technology.

Portfolio

Team

About

At Causeway Media Parters, 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

News

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. 

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SeatGeek Announces New Ticketing Partnership With Manchester City FC

PRESS RELEASE--SeatGeek today announced a multi-year partnership with Premier League champions Manchester City Football Club to become the club’s official primary ticketing partner, starting in the 2018-19 season. Manchester City - one of the five most valuable football clubs in the world according to Forbes Magazine - will use SeatGeek’s powerful SeatGeek Enterprise ticketing platform (SRO) to continue to improve the fan experience and streamline systems and processes.

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SessionM customer loyalty data aggregator SNAGS $23.8M investment

TECH CRUCH--Session M announced a $23.8 million Series E investment led by Salesforce Ventures. A bushel of existing investors including Causeway Media Partners, CRV, General Atlantic, Highland Capital and Kleiner Perkins Caufield & Byers also contributed to the round. The company has now raised over $97 million.

At its core, SessionM aggregates loyalty data for brands to help them understand their customer better, says company co-founder and CEO Lars Albright. “We are a customer data and engagement platform that helps companies build more loyal and profitable relationships with their consumers,” he explained.

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From Local Startup to Global Fitness Brand: Leading Sport & Fitness Venture Capitalists Invest in Freeletics

PR NEWSWIRE--Digital fitness company Freeletics today announced it has received a significant investment from a leading group of US-based venture capital firms. With approximately 30 million users, the bootstrapped German company has experienced impressive growth since its founding in 2013. The company touts its flagship app, Freeletics Bodyweight, as the #1 fitness app in Europe and having the most advanced AI technology in the industry.

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THE ERA OF STREAMING NICHE SPORTS DAWNS

NEW YORK TIMES--FloSports is mostly known for its running and wrestling coverage, but it is rapidly expanding. Mark Floreani, the chief executive, said FloSports has signed more than 100 rights agreements this year already, though none is with a major sports organization. He argued that streaming allows FloSports to show niche sports better than a traditional television channel would.

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