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Seton Hall folks should read this

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SPK145

All-Conference
Jun 3, 2001
1,326
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Interesting concept. Also funny in that Florida State was the first school to look at private equity funding but a deal could not be reached.
 
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Fishjam

All-Conference
Mar 27, 2016
810
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Innovation and thinking outside the box. 2 things Seton Hall historically has been in short supply of. We should get on this now. Be an early adopter of a trend for a change to give us an edge. If Nova and Xavier are doing it, we can do it. The key is this is not for NIL, it is revenue for the school to use as they see fit. That should make it easier to get broad engagement when selling it.
 
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HALL85

Heisman
Jul 5, 2001
30,007
11,306
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Interesting that the CEO and founder looks like he came up with the idea Weil attending college as a student athlete at Gettysburg.

Assuming they get part of the transaction revenue as well.
 
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STLPirate12

Junior
Mar 16, 2017
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I like it. We won't have the reach to match the impact of a Florida State, but it's nice to see what feels like a practical and sustainable idea in a space filled with gimmicky ones.
 
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Section112

Senior
Feb 4, 2003
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A Diocesan University getting in bed with Private Equity? I highly doubt that would happen personally. Maybe the Saudi's will get involved with us - lol.
 
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mbraue

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Mar 2, 2010
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Section112 said:
A Diocesan University getting in bed with Private Equity? I highly doubt that would happen personally. Maybe the Saudi's will get involved with us - lol.
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Private equity investments are in all the investment portfolios of ours and all schools' endowments. Private equity is the largest source of capital in US - more than public companies.
 
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Section112

Senior
Feb 4, 2003
408
997
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mbraue said:
Private equity investments are in all the investment portfolios of ours and all schools' endowments. Private equity is the largest source of capital in US - more than public companies.
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Mbraue absolutely correct on all counts.

There is a huge difference in investing in private equity as part of an investment portfolio vs. partnering with them and or giving them potential ownership of a % of future revenue streams from our basketball program. Private equity is looking for future revenue streams and my point is it would be doubtful for a Catholic Diocesan University to get into that type of partnership. Not saying its impossible but saying its doubtful. The Jesuits would have to give it a try first - lol.
 
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Halldan

Halldan

All-American
Staff member
Jan 1, 2003
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Section112 said:
Private equity is looking for future revenue streams and my point is it would be doubtful for a Catholic Diocesan University to get into that type of partnership. Not saying its impossible but saying its doubtful.
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Almost word for word what a source at the school told me this morning.
 
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