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Agassi Sports Entertainment Corp.
Andre Agassi's family office manages a real estate and sports investment portfolio anchored by a $750M charter-school facilities fund in Las Vegas.
Agassi Sports Entertainment Corp.
Agassi Sports Entertainment Corp. was established in 1999 as Andre Agassi transitioned from the peak of his tennis career into private investment. The Las Vegas-based firm manages the capital generated from Agassi's $31 million in on-court prize money and an endorsement portfolio that included long-term deals with Nike, Head, and American Express. The firm is closely intertwined with the Andre Agassi Foundation for Education, which opened the Andre Agassi College Preparatory Academy, a K-12 public charter school in West Las Vegas, in 2001. The firm deploys capital across real estate, sports franchises, and entertainment ventures. The Turner-Agassi Charter School Facilities Fund, formed with Canyon Capital Realty Advisors, raised $750 million across two funds to develop 91 charter school campuses across 14 states, including California, Texas, and Florida. In sports, Agassi has held equity stakes in the Golden State Warriors NBA franchise and in Evert Tennis Academy. The firm also invested in the mixed-use development of the Landmark Hotel site on the Las Vegas Strip and has explored film production and sports-media rights. Agassi Sports Entertainment Corp. operates with a lean team out of Las Vegas. While total assets and deployment are not publicly disclosed, the scale of the charter-school real estate program suggests significant managed commitments. In July 2023, the Agassi Foundation transferred sole ownership of its annual fundraising tennis exhibition to MGM Resorts International, ending a 29-year run of the event as an independent charity vehicle (per the Las Vegas Review-Journal, 2023). Agassi has also invested in Square Panda, an edtech platform for early literacy, and Blended Strategy Group, a brand advisory firm. The firm's structural differentiator is the integration of for-profit real estate development with a non-profit educational mission through a single-family balance sheet. The charter-school fund model generates market-rate returns for investors while delivering school facilities to underserved communities. Agassi's ability to open doors in both Las Vegas real estate and global sports ownership creates a sourcing network uncommon among family offices.
General information
Firm type
Family Office
Year founded
1999
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Las Vegas
Corporate office
Las Vegas, NV, United States
Principals
Andre Agassi
Founder and Principal
Sector focus
Frequently asked questions
How does Agassi Sports Entertainment Corp. generate returns?
The firm primarily generates returns through real estate development and sports franchise equity. The Turner-Agassi Charter School Facilities Fund develops school properties and leases them to charter school operators, producing long-term, bond-like cash flows. Agassi has also realized returns from equity stakes in the Golden State Warriors and endorsement-related ventures.
What is the relationship between Agassi's investment office and his charitable foundation?
The firm and the Andre Agassi Foundation for Education are legally separate entities, but they share a common principal and overlapping mission in education. The Turner-Agassi fund is a for-profit vehicle that builds charter schools, while the Foundation operates the Agassi Prep charter school directly. The 2023 transfer of the annual charity event to MGM Resorts signals a gradual separation of commercial and philanthropic activities.
Does Agassi Sports Entertainment Corp. take outside capital?
The firm manages Agassi's personal capital, but the charter-school fund raised external institutional commitments through its partnership with Canyon Capital Realty Advisors. For other direct investments in sports teams and real estate, the firm typically deploys its own balance sheet.
Who runs investment decisions at the firm?
Andre Agassi is the sole principal with final authority on investment decisions. He is supported by a small internal team and has historically partnered with institutional operators like Canyon Capital for large-scale real estate programs. Day-to-day operations are run by a small, undisclosed staff in Las Vegas.
How did Agassi's sports career shape the firm's investment focus?
Agassi's career earnings and endorsement relationships provided the initial capital base, while his fame opened co-investment opportunities in professional sports franchises and Las Vegas real estate. His post-career focus on education reform, driven by his own experience leaving school early, directly shaped the charter-school investment thesis that now defines the firm's largest deployment.
What is the firm's known posture on co-investments?
Agassi Sports Entertainment Corp. is a known co-investor alongside institutional partners. The Turner-Agassi fund is the primary example, structured as a GP-LP relationship with Canyon Capital. The firm has also co-invested with other NBA team owners and Las Vegas developers, reflecting a relationship-driven sourcing model rather than proprietary deal origination.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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