Next Play | International Sports - E136/SU (CRNPAEE136SU)
43 days to go
Why do we like this opportunity?
Attracting Institutional Capital and Private Equity
- Private equity and venture capital funds are increasingly investing in the sports sector. - Arctos Capital has raised US$4.1 billion to invest in sports franchises, including stakes in Liverpool FC, Golden State Warriors and Aston Martin F1. - Sovereign wealth funds, such as Saudi Arabia's Public Investment Fund (PIF), are pouring billions into the sector, diversifying portfolios and creating leagues and competitions.
Accelerated Growth and Franchise Valuation
- The value of sports franchises has consistently increased, outperforming the traditional stock market. - Major League Soccer (MLS), for example, has recorded a 1,565% increase in the valuation of its teams over the last 10 years, outperforming the S&P 500. - Formula 1 has also attracted institutional investors, with Liberty Media increasing the value of the teams since its acquisition.
Investment Summary
APEX is an investment house founded in 2021 with a focus on sports, media and entertainment, backed by elite professional athletes. Its aim is to boost companies with scalable solutions that transform the sports market. It has already invested in 19 companies and manages more than €50 million. In 2023, it launched the "Elite Performance Fund", aimed at early-stage venture capital, which already has 9 companies invested and a valuation of 2.3x based on the most recent rounds.
Investment thesis
The Elite Performance Fund has a target of EUR 25MM and a total duration of 10 years from the first fundraising (12/2023), or 9 years from the investment in 2025. The focus is on early-stage companies with disruptive capacity within the sports, media & entertainment market. The connection with professional athletes has generated a powerful ecosystem, positioning APEX alongside the industry's main stakeholders, generating access to exclusive opportunities and facilitating success in negotiations.
Athlete Community
APEX has a community of 100+ athletes who play an active role, using their expertise and influence in the industry to assist in the process of analyzing companies. Its main investors are renowned professional athletes within the sports market, including: Carlos Sainz, Lando Norris, Valtteri Bottas, Miguel Oliveira, Raphael Varane, Christian Eriksen, Jan Vertonghen, Marcelo. According to António Caçorino, CEO of APEX, professional athletes, if properly involved, are the most strategic group of investors in this market.
Projected scenarios
See how much your money can earn with this operation
Pessimistic Scenario
Base Scenario
Optimistic Scenario
*Simulation projected at a return of 20.14% p.a. based on analysis by Hurst Capital experts. There is no guarantee that the estimate will materialize.
Risks
Bankruptcy or devaluation of invested companies
By investing in a particular company, APEX is automatically betting on its success. If the company goes bankrupt or loses value, the fund's returns will be impacted.
Liquidity risk
It is possible that for various reasons it will take time for there to be a liquidity event in the investee company, which would delay the realization of the fund's gains.
Global crisis
A global crisis would tend to reduce the market value of startups and decrease their liquidity, which could have a negative impact on performance.
Interest rate risk
There is an inverse correlation between the interest rate and the market value of startups, because if the former rises, it becomes relatively more attractive to invest in fixed income than in the latter, reducing their market value.
Documents
Disclaimer
The offer presented by the Platform is automatically exempt from registration by the Brazilian Securities and Exchange Commission (CVM), under the terms of CVM Resolution 88 and Circular Letters 4/2023 and 6/2023 issued by the CVM's Superintendence of Securitization Supervision (SSE). The CVM does not analyze offers under this Resolution in advance. The offers made do not imply that the CVM guarantees the veracity of the information provided or its compliance with current legislation. Before accepting an offer, please read the essential information about the offer carefully, especially the risk warning section.
The presentation has been prepared by "Hurst Serviços de Investimento Coletivo e Securitização S.A." ("Platform") for information purposes only and is in no way a binding offer. All the conditions and terms of the Operation are defined in the documents "Term of Securitization of Credit Rights and Issuance of Receivables Certificates of Hurst Serviços de Investimento Coletivo e Securitização S.A.", signed by the platform and Commitment to Subscribe to the Receivables Certificates, with Term of Adhesion and Knowledge of Risk" ("Operation Contracts"), to be signed by investors, in order to adhere to the terms of the offer. The operation described on this page is an adhesion to the public offer for the distribution of Receivables Certificates backed by credit rights corresponding to trade receivables. The term of the operation and the calculated profitability were projected on the basis of expected origination and the profitability and liquidity of Apex's portfolio companies.
The Platform does not undertake to guarantee the accuracy of the information and forecasts provided herein, nor to update the presentation, and may change its content without prior notice. The Platform makes no representations or warranties that the information contained in this presentation or the presentation itself is complete or accurate, nor for any omission in this presentation or in any oral communication transmitted to the recipient throughout its analysis, undertaking only to take all precautions and act with high standards of diligence to ensure that the information transmitted is true, consistent, correct and sufficient. These statements, estimates and projections reflect the assumptions of the Platform and third parties, and are subject to economic and market uncertainties and contingencies, most of which are beyond the Platform's control. Forecasts and results may differ from those anticipated and these differences may be material.
The content is not yet, nor does it contain any recommendation, indication and/or investment advice, and it is the sole and exclusive responsibility of the investor to make this decision. Should any investor decide to invest in this operation, as with any investment, the investment in Receivables Certificates presents risks and the possibility of asset losses which should be carefully considered before making an investment decision. Potential investors interested in this operation are advised to consult their lawyers, accountants, financial advisors and any other professionals they deem necessary to help them assess the suitability of the investment profile, as well as the risks inherent in the business.
All investments involve risk, including the risk of losing all capital invested. Diversification and alternative asset allocation do not guarantee profits or guarantee against losses. Investment decisions should be based on the investor's objectives, time horizon and risk tolerance.