Causeway Media Partners

Causeway Media Partners is a private equity firm based in Cambridge, Massachusetts, specializing in growth equity investments within the dynamic sports, media, and entertainment sectors. Established with a clear vision to capitalize on the evolving landscape of these industries, the firm targets established businesses that demonstrate strong management teams and significant potential for expansion. Causeway positions itself as a long-term partner, providing not just capital but also strategic guidance to help its portfolio companies achieve sustained growth and market leadership. Their investment philosophy emphasizes identifying companies poised for disruption or significant scale within their niche.

The firm has successfully raised multiple funds, steadily increasing its capital base and investment capacity. Its inaugural fund closed in 2013 with $125 million in commitments, laying the groundwork for its specialized focus. Building on this success, Causeway Media Partners closed its second fund in 2017, securing $200 million in commitments, further solidifying its presence in the market. Most recently, in 2022, the firm announced the final close of its third fund, which garnered $340 million in commitments, bringing its total capital under management to over $665 million across these three primary vehicles. This substantial capital allows Causeway to make meaningful investments in companies requiring significant growth capital.

Given its focus on growth equity and the increasing size of its funds, Causeway Media Partners typically deploys substantial capital into its portfolio companies. While earlier investments from its first fund occasionally included smaller, strategic bets, the firm's current strategy aligns with providing significant capital injections to more mature, established businesses. Consequently, Causeway's typical first cheque size ranges from approximately $10 million to $75 million. This range enables them to take meaningful stakes in companies poised for substantial scaling, facilitating initiatives such as market expansion, product development, or strategic acquisitions within the sports, media, and entertainment ecosystem.