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The Sport of Investing

Bloomberg Businessweek

00:00

Providence's Core Business Is an Advisory Merchant Banking Model

Providence has 230 athletes. We've done everything from SpaceX to Chilula to Kodiak, which is a pancake and waffle mix. We just invested in a big travel company with KKR called Get Your Guide. The athletes can't pick the investments because that's not what they're paid to do. So we stay though within the lanes of areas that they understand and might be interesting to them.

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