Post by Touch Ventures

We’re excited to share that Touch Ventures has invested US$10 million in MARI - a new US$2bn+ global events and experiences company founded by Ariel Emanuel, Co-Founder of Endeavor and TKO Group. Made in partnership with Gannet Capital, this investment adds a world-class company of live experiences across sport, entertainment, art, and lifestyle to our investment portfolio. MARI’s portfolio already includes some iconic global events and brands — 🎾 The Miami Open and Madrid Open (ATP Masters 1000 & WTA 1000 tournaments); 🎨 Frieze, a global influential contemporary art company; 🚗 Barrett-Jackson, a leading collector car auction and automotive lifestyle brand; - are amongst the first in a planned series of strategic investments by MARI. MARI is backed by a remarkable group of global investors including Apollo Global Management, RedBird Capital Partners, Qatar Investment Authority, HSG, IMI media group, Ares Management, a16z Growth and many others. “We see MARI as a next-generation sports and media platform - a scarce portfolio of cultural assets positioned for long-term capital appreciation. It exemplifies our strategy of backing exceptional operators and globally resonant brands defining the future of live experience.” — Glenn Poswell, Director, Touch Ventures Learn more at 👉 https://lnkd.in/g-_p58Uc https://lnkd.in/dzBGvNwZ