Group ONE closes US $ 150 million funding round led by Guggenheim Investments and Qatar Investment Authority
SINGAPORE, 22 December 2021 / PRNewswire / – Group ONE Holdings (“ONE” or the “Company”), asia world’s largest sports media platform and parent company of ONE Championship and ONE Esports, today announced the closure of a US $ 150 million round of equity financing led by two new global investors, Guggenheim Investments (“Guggenheim”), the global asset management and investment advisory division of Guggenheim Partners, and Qatar Investment Authority (“QIA”) – who are joining d ‘other leading institutional investors in the Company.
The new investment will support ONE’s global growth strategy, which includes diversifying its content offerings to continue to unlock the potential of ONE’s live sports and general entertainment businesses, and expand further externally. Asia to reach a wider audience and increase the number of viewers globally.
Hua Fung Teh, ONE Group President, said, “Our successful fundraising is a testament to the power and reach of our one-of-a-kind global sports platform. We’re excited to partner with two of the world’s most prominent and savvy investors, Guggenheim Investments and Qatar Investment Authority, as we continue to accelerate our strategy to bring our engaging content to more people around the world. new Year.”
Scott minerd, Chairman of Guggenheim Investments and Global Chief Investment Officer of Guggenheim Partners, said: “ONE has quickly established itself as one of the world’s most valuable sports platforms, and we have been impressed with what the management team before – Guardian of the company continues to deliver. a powerful platform and a strong fan base are unique advantages as it accelerates its strategy of global expansion – and we are excited to help the company seize the incredible opportunities that lie ahead. ”
ONE’s latest funding round reflects the strong momentum the company has generated as it positions itself for significant opportunities in 2022. This includes ONE’s new partnership with Netflix or the first season of “The Apprentice: ONE Championship Edition”. “will air in more than 150 countries in the first quarter of 2022, and the company’s hugely successful” ONE: Empower “in September, which was the first all-female mixed martial arts event ever to be hosted by a major global organization. ‘Martial Arts. Also this year, ONE Esports hosted the iconic “ONE Esports Dota 2 Singapore Major,” which drew 274 million viewers, making it the third most-watched event for a Dota 2 Major of all time.
In June of this year, Nielsen ranked ONE Championship among the top 10 sporting properties in the world by audience and engagement, alongside other popular and established global properties such as the NBA and NFL. The Nielsen report found that ONE Championship had the fastest growth in subscribers in the world, ranked fourth for total video views on major digital channels (Facebook, Instagram, YouTube), was in the top three in terms of cumulative reach and in the top 10 in terms of hours broadcast during the pandemic. in 2020.
About Group ONE Holdings
Group ONE Holdings (ONE) is asia world’s largest sports media platform.
Through its renowned sports properties – ONE Championship and ONE Esports – and its passionate Millennial and Gen Z community, ONE is a celebration of asia the greatest cultural phenomena, martial arts and games, and the deeply rooted values of integrity, humility, honor, respect, courage, discipline and compassion.
According to Nielsen, ONE Championship ranks among the top 10 sports media properties in the world in terms of audience and engagement. ONE Championship broadcasts to over 150 territories with some of the largest digital networks and broadcasters, including Star sports, Beijing TV, iQIYI, a sport, Abema, IB, Turner sports, SCTV, Vidio, Laliga TV, Startimes, Thairath TV, RTM, VieOn, Skynet, Mediacorp, Spark Sport, Match TV, Dubai Sports, RedeTV and more.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners with more than $ 259 billion* in total assets through bond, equity and alternative strategies. We focus on the risk and return needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, wealth managers and high net worth investors.
* As of 09/30/2021. Assets include leverage of $ 17.9 billion. Guggenheim Investments represents the following affiliated investment management companies of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC and Guggenheim Partners India Management.
About the Qatar Investment Authority
Qatar Investment Authority (“QIA”) is the sovereign wealth fund of State of Qatar. QIA was founded in 2005 to invest and manage state reserve funds. QIA is one of the largest and most active sovereign wealth funds in the world. QIA invests in a wide range of asset classes and regions as well as in partnering with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can generate returns. sustainable and contribute to the prosperity of State of Qatar.
Senior Vice President
SOURCE ONE Holdings Group