Harbinger Sports Partners (“Harbinger”) today announced the successful initial closing of the Harbinger Sports Partners Fund I strategy (the “Fund I Strategy”). Following the closing, Harbinger has secured over $450 million in assets under management related to the Fund I Strategy.

A private equity fund focused on professional sports and led by Mark Cuban has secured $450 million in investor commitments at the first close of its flagship fund, according to people familiar with the matter.

Rashaun Williams, founder of Harbinger Sports Partners and guest shark on ABC’s Shark Tank, says that both the buyer and the seller of a major sports team stand to benefit. He speaks with Romaine Bostick and Katie Greifeld on "The Close."

What’s on Rashaun Williams’ mind? The Harbinger Sports Partners founder & CIO and Falcons limited partner shares why liquidity is ​vital for sports investment.

Rashaun Williams, Harbinger Sports Partners founder, joins ‘Closing Bell’ to discuss the appetite for IPOs in 2026, if there’s a risk of waiting in private markets too long and much more.

Harbinger Sports Partners, a private investment firm focused on minority ownership stakes in premier U.S. professional sports franchises, announced today that it is now available on iCapital Marketplace.