L’electronic game Sport today it is the sector that is revitalizing investment globally with the highest returns ever. The world’s number one fund, Blackstone, sees investment in higher multiples with Merlin Entertainments (parks and games). KKR is the third largest fund after Epic Games.
After shooters, sports simulations and racing are the most sought-after sub-families in the digital world. The 276 million esports viewers in 2022 surpassed those of the NHL and MLB leagues in the states. Speaking of the United States, over 50 colleges now have esports teams for their students. The teams train 8 hours a day, they have coaches, instructors and nutritionists who are paid like in any other professional sport. Esports is being discussed for inclusion in the 2024 Olympic Games to be held in Paris.
On this basis, the eGame Sport Fund was born in London., investment fund in the form of the first aggregate and productive pole of companies with high potential operating in the industry. This is a private equity fund in a scenario in which this type of investment has risen vertically in Wharton’s model portfolios – the school par excellence in the world of finance. From 2% in 2005 to 30% after 2020: to counter the changing market conditions with rising rates and volatility as a stable state, high yield prospects and absolute growth scenarios: this is an expectation aimed at eGame. industry.
eGame Sport Fund identifies target companies, acquires them, finances various operations with capital raised by both private and institutional investors, with flexibility in terms of company type and investment size. For the companies he invests in, the interlocutor is the eGame Sport team, who has all the leverage to make decisions along with the family offices that invest, and who have the flexibility to choose the operations for which to execute, having the convenience to invest together with a professional and dedicated operator. The Fund increases its capabilities thanks to the know-how that each individual investor company produces and implements in the production “chain” of the Fund itself.
The fund plans the first acquisition. Italy was chosen to start with, given that in Europe the most relevant markets are Poland, Spain and Italy in particular. The first “mining” is perhaps the most significant operator in terms of size in the Italian domestic market with the most promising industrial development: WeArena Entertainment SpA. He speaks WeArena CEO, Francesco Monasterodue to the deal with eGame Sport Fund: “Merging and creating a system seemed to me the best solution to benefit from the experience gained in Italy for rapid growth and achieving a global position in the coming years.“.
The authorized asset manager of the Fund is Petricca & Co, with offices in London and Luxembourg and over 20 funds under management. Alternative investment specialist in the Art Island Fund (dedicated to contemporary and contemporary art and the collecting sector), in Circular Life (ESG fund dedicated to the world of radical sustainability in the second largest polluting industry in the world: fashion) and indeed, with the eGame Sport Fund he plans to cover sectors of greatest interest for future investment worldwide.
Source: Tutto Mercato Web
