MIAMI, July 23,
2024 /PRNewswire/ -- PSALM Capital proudly announces its
participation alongside APEX in a significant capital raise
for Venezia FC. The Italian football club will return to Serie
A after their promotion from the 2023-2024 season.
"This strategic investment in Venezia FC aligns with our mission
to provide unique and valuable assets for our clients, enhancing
their investment portfolios with diversified holdings that offer
both financial returns and cultural significance."
APEX is an investment fund targeting business areas including
sports-related technology and entertainment. The company has also
invested in the Alpine Formula 1 team, and the TMRW Sports group
that was founded by Tiger Woods and Rory
McIlroy.
Under the leadership of President Duncan
Niederauer, Venezia FC has established an Operating
Committee (OpCo) to drive the club's strategic direction. The OpCo,
comprised of experts from finance, technology, and retail, aims to
elevate Venezia FC's status in the football world. Venezia FC has
gained a reputation as the world's most fashionable football club.
The club has released highly acclaimed kits inspired by Venetian
culture.
PSALM Capital participation comes by way of FanClub Sports
Capital and their private client syndication platform.
PSALM Capital LLC is a registered investment adviser. This
article is solely for informational purposes. Advisory services are
only offered to clients or prospective clients where PSALM Capital
LLC and its representatives are properly licensed or exempt from
licensure. Past performance is no guarantee of future returns.
Investing involves risk and possible loss of principal capital. No
advice may be rendered by PSALM Capital LLC unless a client service
agreement is in place.
CONTACT: info@psalm.capital
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SOURCE PSALM Capital