- Checketts’ career highlights include serving as president and CEO of the Utah Jazz, president of the New York Knicks and president and CEO of Madison Square Garden
- Currently, Checketts is the managing partner of Checketts Partners Investment Management
- The Cynosure Group was founded in 2013
Dave Checketts, a sports executive and The Cynosure Group, an investment firm founded by the Eccles family, have formed Cynosure | Checketts Sports Capital, a new sports investment firm based in New York and Salt Lake City.
The firm’s initial fund will target $1.2 billion.
“We have known Dave Checketts for nearly half a century, since the years when our family’s bank provided the financing for the Utah Jazz, and we’ve always admired his achievements and integrity,” said Spencer P. Eccles, managing director of the Cynosure Group in a statement. “This venture brings together Dave’s storied career in the business of sport and his remarkable team, with Cynosure’s disciplined investment process and financial horsepower. We’re confident that Cynosure | Checketts will quickly establish itself as a leading investor in this space.”
Cynosure | Checketts Sports Capital will target investments across multiple segments of the sports industry, including professional and collegiate sports teams, sports leagues and governing bodies and media rights and broadcasting ventures.
Checketts’ career highlights include serving as president and CEO of the Utah Jazz, president of the New York Knicks and president and CEO of Madison Square Garden. Currently, he is the managing partner of Checketts Partners Investment Management.
The Cynosure Group was founded in 2013.
