Presentation Type
Event
Location
Caesars Palace, Las Vegas Florentine III
Start Date
28-5-2013 10:30 AM
End Date
28-5-2013 12:00 PM
Disciplines
Economics | Gaming and Casino Operations Management | International Business | Statistics and Probability
Abstract
Genesis of the idea came in 2007 in NYC when studying at Columbia. The trading of sports utilising strategies and other traditional financial market practices was identified as a burgeoning opportunity.
Towards the end of 2007 a private Fund with owner’s capital was started.
Global Financial Crisis in 2008 – all asset classes lost value. Diversification did not work. The Olympics, the Superbowl, the World Series and all the Grand Slam tennis and golf tournaments went ahead unaffected.
Priomha Capital Sports Hedge Fund Founded in 2010
Global HQ – Melbourne
Trading office – London & Las Vegas (2014)
Priomha Capital is a boutique funds management firm whose investment universe centres on sports and events. It was created with a view to offer investors an alternative product to shares, bonds, property and other “traditional” investment vehicles and asset classes. Flagship CLONEY Multi-sport Investment Fund is our first fund and has an open mandate to invest in any global sport or event
Included in
Economics Commons, Gaming and Casino Operations Management Commons, International Business Commons, Statistics and Probability Commons
Session 1-2-F: Sports As An Alternative Asset Class: Gambling As An Investment
Caesars Palace, Las Vegas Florentine III
Genesis of the idea came in 2007 in NYC when studying at Columbia. The trading of sports utilising strategies and other traditional financial market practices was identified as a burgeoning opportunity.
Towards the end of 2007 a private Fund with owner’s capital was started.
Global Financial Crisis in 2008 – all asset classes lost value. Diversification did not work. The Olympics, the Superbowl, the World Series and all the Grand Slam tennis and golf tournaments went ahead unaffected.
Priomha Capital Sports Hedge Fund Founded in 2010
Global HQ – Melbourne
Trading office – London & Las Vegas (2014)
Priomha Capital is a boutique funds management firm whose investment universe centres on sports and events. It was created with a view to offer investors an alternative product to shares, bonds, property and other “traditional” investment vehicles and asset classes. Flagship CLONEY Multi-sport Investment Fund is our first fund and has an open mandate to invest in any global sport or event
Comments
Moderator: Douglas Walker
Session 1-2-F Risk, Rationality, and Investment
File: 11 PowerPoint slides