A registered fund built on
a different conviction.
The Champion Fund is not a venture fund, a fundraising platform, or a play on marquee domestic franchise assets at today’s prices. It is a professionally managed, SEC-registered investment fund — organized under the Investment Company Act of 1940 — offering exposure to the global sports economy through a disciplined, multi-asset framework.
Where we invest —
and where we don’t focus.
Institutional capital has concentrated heavily in marquee American sports franchises — NBA, NFL, MLB, NHL. The Champion Fund doesn’t exclude U.S.-based investments, but our strategy is deliberately built around the broader global sports ecosystem: media and technology, international clubs, sports ventures, real estate, and thematic funds in segments where institutional capital is still underrepresented.
That is where we believe the most compelling risk-adjusted opportunities exist today, and that is where the Champion Fund was built to operate.
The Team
Built from experience on the inside.
Between the three partners, they bring securities licenses, direct operating experience inside every major North American professional sports league, and a collective track record of raising and deploying capital at institutional scale. Their investment thesis comes from experience on the inside, not observation from the outside.

Founder & Portfolio Manager
Marques Colston
Former NFL athlete, franchise owner, investment professional, and institutional advisor.
Marques Colston has spent more than a decade building at the intersection of professional sports, private capital, and executive leadership — as a franchise owner, investment professional, and institutional advisor. The New Orleans Saints' all-time franchise leader in receptions, yards, and touchdowns and a Super Bowl XLIV champion, he has since been inducted into four Halls of Fame — the New Orleans Saints, Pennsylvania, Louisiana, and Hofstra University — and received honorary doctorates from the University of New Orleans and Hofstra University. His career on the field is well documented. What he has built since is what defines him today.
Colston has operated inside professional sports at every level — not as a passive investor, but as an owner and executive. As Owner, President & General Manager of the Harrisburg Stampede (AFL), he rebuilt the entire football and business operation from the ground up: doubling sponsorship revenue and tripling ticket sales in year one, securing a live television broadcast deal, and delivering a league championship. He went on to co-own three additional professional sports franchises — the Philadelphia Soul, Albany Empire, and Atlantic City Blackjacks — contributing to two additional league championships, generating seven figures in sponsorship revenue and advising the Arena Football League on commercial partnerships with DraftKings, CBS, and Facebook.
As a Strategic Advisor to the NFLPA One Team Collective and NFL Players Inc., he advised balance sheet investments including WHOOP and StatMuse. He co-founded the Venture Playbook, an executive education program at Columbia Business School, helping to develop frameworks for athletes as investors and long-term equity stakeholders.
Prior to starting Champion Fund, Colston served as a financial advisor (Series 7 and Series 66 securities licenses) at Janney Montgomery Scott, advising on $350M+ in client assets.

Founder & Portfolio Manager
Nick Edwards
Investment manager and entrepreneur with deep operating experience across sports and growth businesses.
Nick Edwards is an investment manager and entrepreneur with more than 15 years of experience at the intersection of professional sports, private capital, and high-growth businesses. He is Founder and Portfolio Manager of The Champion Fund and Managing Partner, Capital Markets & Investments at Champion Capital.
His investment perspective is grounded in direct operating experience. Over the course of his career, Edwards has worked inside professional sports organizations across the NFL, NHL, NBA, and MLS — giving him firsthand insight into how teams, technology platforms, media businesses, and the broader sports ecosystem create and capture value. He has worked alongside professional athletes, championship organizations, founders, and institutional stakeholders across the industry, building the proprietary network and deal access that informs the Fund's sourcing today.
Prior to The Champion Fund, Edwards built and led businesses across private equity, venture capital, health technology, and real estate. He has served as a general partner and limited partner in private investment structures, participated in SPVs and growth-stage investments, and helped build companies from formation and capitalization through scaling and strategic transactions — including Eden Equity Partners, Loop Care Platform (as Chief Innovation Officer), and BisonX Startup Studio. His academic work at the University of Colorado School of Medicine, where he served as Director of Exercise-Medical Integration and Chief Science Officer, further grounds his approach in institutional discipline.
Edwards is also a former professional MMA athlete and Brazilian Jiu-Jitsu national champion.

Partner
Chuck Pettid
Fintech executive and private-markets investor focused on regulated capital-markets infrastructure.
Chuck Pettid is a fintech executive and private markets investor with more than two decades of experience building regulated capital markets infrastructure and raising capital at scale. As a founding team member and EVP at Republic, he helped build one of the world's largest private investment platforms — raising over $4 billion across private markets and personally leading more than $1 billion in company raises. He led $200 million+ in strategic acquisitions, including Seedrs and INX, a licensed digital asset exchange — expanding Republic's regulated infrastructure across North America, Europe, and Asia. He continues in a senior advisory capacity to the platform and holds board roles across eight-plus Republic entities.
His work in sports capital spans the full transaction spectrum. Pettid has raised capital for more than a dozen professional sports teams and directed a full acquisition offer for a Premier League club — experience that puts him at the intersection of institutional capital, regulated deal infrastructure, and professional sports.
Earlier in his career, Pettid served as an Associate Financial Advisor at Merrill Lynch, COO of an energy hedge fund, and Director of Research at a commodity fund. He is founder and General Partner of RainmakeMe Fund I LP, an early-stage venture vehicle. He holds an MBA in Finance from Fordham Gabelli School of Business and a B.S. in Finance from the University of Nebraska–Lincoln.
Operations & Governance
Fund Operations Administration


Board of Trustees
Teri SmithNFLPA
Matt LedererComcast
David CluteFinance Executive
Jesse RandallSweaterThe 40 Act interval fund:
what it means and why it matters.
The Champion Fund is organized as an interval fund under the Investment Company Act of 1940 — a structure that comes with mandatory SEC oversight, required disclosures, and investor protections built into the fund by law.
SEC Registration
Ongoing reporting, disclosure, and governance requirements under federal securities law — the same framework governing the industry’s most established investment companies
Mandatory Liquidity
Semi-annual repurchase offers — required by SEC regulation, not offered at management’s discretion.†
Required Transparency
Ongoing SEC reporting and disclosure requirements — the level of governance that private funds are not required to maintain
† The Fund's first offer is scheduled for August 2027, and offers occur each February and August thereafter.
Beginning in August 2027, the Fund will make semi-annual repurchase offers for 5% of its outstanding Shares at net asset value, in February and August each year.†
† If requests exceed the offer, they are fulfilled pro-rata — each investor receives a proportional share of the available pool. Investors should plan for the possibility that complete redemption may require more than one window.
Fund Details
Fund Details
How We Invest
A five category framework
The Champion Fund deploys capital across five categories of the global sports economy — each an area where we believe the most compelling risk-adjusted opportunities remain underserved by institutional capital.
- Sports Tech
- Teams & Leagues
- Media & Services
- Real Estate & Hospitality
- Thematic Funds
- Sports Tech
Growth-stage businesses redefining how sports are played, watched, and monetized globally.
- Teams & Leagues
Teams, clubs, leagues, and sports properties with long-term appreciation potential across global markets.
- Media & Services
Established media, content, and service businesses with sports adjacency and institutional-quality fundamentals.
- Real Estate & Hospitality
Sports-driven real estate — venues, districts, and hospitality, held directly and through operating companies.
- Thematic Funds
Curated LP and GP stakes in sector-focused funds with complementary sports ecosystem exposure.
The Fund does not manage to fixed category proportions.†
† See the Prospectus for the Fund's investment strategy and restrictions.
Current Portfolio
Sports TechSports Illustrated Tickets
SI Tickets is a blockchain-backed digital ticketing platform that has raised over $87 million and secured a $50 million credit facility in 2025, serving professional leagues and clubs globally. The fund’s position reflects direct exposure to the technology infrastructure powering modern fan engagement.
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Teams & LeaguesIpswich Town FC
Ipswich Town FC, an English Premier League club, is one of the most storied clubs in English football. Champion Fund's position was acquired prior to promotion, when the club was competing in the EFL Championship, English football's second division. The Fund retains the right to allocate additional capital at pre-promotion terms.
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Media & ServicesFathead
Fathead is the market-leading officially licensed sports wall graphics and memorabilia brand, with licensing relationships spanning the NFL, NBA, MLB, and NHL. Acquired in 2023 by a group of former athletes, the company operates at the intersection of sports consumer products and fan culture.
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Thematic FundsEmerging
Emerging is a venture capital fund investing in the ‘sportstainment’ economy — immersive, experience-driven businesses including Puttshack, F1 Arcade, and Batbox. The fund’s LP position in Emerging provides exposure to next-generation fan experience businesses at the intersection of sport, entertainment, and real estate.
View companyWhere we are —
and why that’s the point.
The Champion Fund is in its early stages. We say that plainly because we believe it matters to the investors we want. Early access to an institutionally structured alternative fund — before the category is fully discovered and before entry terms reflect it — is itself part of the opportunity.
We are actively establishing institutional anchor investor relationships, and investors who come in now do so at founding-investor terms in a fund built from day one for long-term institutional standards. There is no guarantee that early-stage investment in the Fund will result in favorable outcomes. Past performance is not indicative of future results.
Common questions
Public market sports investments trade with equity market volatility and reflect investor sentiment as much as underlying asset value. The Champion Fund invests directly in private sports assets, ventures, and funds — positions not correlated to daily market movements and not accessible through public markets. The 40 Act interval fund structure provides private market exposure that is traditionally not accessible to retail investors, with regulated access and repurchase offers beginning in August 2027.
Beginning in August 2027, the Fund will make semi-annual repurchase offers for 5% of its outstanding Shares at net asset value, in February and August each year.† † If requests exceed the offer, they are fulfilled pro-rata — each investor receives a proportional share of the available pool. Investors should plan for the possibility that complete redemption may require more than one window.
Track records reflect past performance in markets that no longer exist at the same entry points. The Champion Fund is structured to institutional standards from day one — registered under the Investment Company Act of 1940, governed and regulated — with the positioning of a founding investor. That combination is unavailable once the fund is no longer new. Past performance is not indicative of future results. There is no guarantee that early investment in this Fund will produce favorable outcomes.
Insights
Perspectives from the team building the fund.
Platforms Scale Operational Alpha
Multi-asset ownership is the clearest institutional expression of operational alpha in sports. Instead of optimizing one franchise, platforms optimize a network — sharing infrastructure, commercial relationships, data systems, and management expertise across multiple assets simultaneously.
Read more InsightsWhere Operational Alpha Actually Comes From
Sports has historically been treated as a largely passive asset. Buy a franchise, hold it, benefit from media rights growth and scarcity dynamics. The best managers understand that this framing misses a meaningful portion of the available return.
Read more InsightsGlobal Distribution Sets the Revenue Ceiling
Sports has fundamentally changed from a local business to a global distribution system. The difference between a locally relevant franchise and a globally distributed brand is not incremental — it is exponential. And it is one of the most important variables an allocator should understand when underwriting sports assets.
Read moreThe Global Sports Economy Is A Real Asset Class.
This is how you access it.
SEC-regulated. Institutionally structured. Managed by people who know how this industry works — from the field to the front office to the capital-markets infrastructure behind every major transaction. The Champion Fund is built differently.


