Causeway Media Partners, a Cambridge, MA and Palo Alto, CA-based growth-stage venture capital firm focused on sports media, sports technology, and related companies, closed its second fund, at $211.3m.
Limited partners include professional team owners from the NFL, NBA, MLB, and other leagues, as well as media executives, financial institutions, and general partners from a dozen private equity firms.
Causeway Media Partners II will invest in growth-stage sports media and technology focused companies.
Founded in 2013, Causeway Media Partners is an investment firm focused on sports media, sports technology, and related companies targeting growth equity and venture capital stage organizations.
Causeway is led by:
– Wyc Grousbeck, former general partner at Highland Capital Partners and lead owner of the Boston Celtics;
– Mark Wan, co-founder of Three Arch Partners and part owner in both the Boston Celtics and the San Francisco 49ers; and
– Bob Higgins, co-founder of Highland Capital Partners.