Overview

• The fund is backed by Velocity Capital Management and the Texas Permanent School Fund Corporation to support university athletics departments.
• Financing is structured as debt with two-to-ten-year repayment terms and revenue-sharing provisions, with no equity stakes taken.
• Elevate has closed two low-eight-figure deals with Power Four schools and is in active talks with several more athletics departments.
• Investments will target stadium renovations, premium seating expansions and other facility projects designed to boost long-term revenue.
• The launch follows a federal judge’s approval of a $2.8 billion antitrust settlement allowing schools to share up to $20.5 million annually with athletes.