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Next 3
Carolyn Tisch Blodgett's Next 3 operates Gotham FC and invests across sports, media, and technology from New York.
Next 3
Next 3 is a registered investment adviser in Portola Valley, CA, since 2012. The firm manages approximately $4.4 billion in assets. It has 26 employees and 11 investment advisers.
General information
Firm type
Private Equity
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Portola Valley
Corporate office
New York, NY, United States
Principals
Carolyn Tisch Blodgett
CEO and Founder
Lauren Baum
Chief Operating Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Next 3?
Founder and CEO Carolyn Tisch Blodgett oversees all investment and portfolio management activity. Investor Will Sands sources and evaluates opportunities across early to growth-stage businesses and professional teams. The firm's lean core team of five operates with Blodgett as the central decision-maker, supported by COO Lauren Baum on strategic initiatives and portfolio company operations.
Is Next 3 structured as a family office or does it operate more like a venture firm?
Next 3 is an asset manager with a hybrid model. It makes venture and growth equity investments in sports-adjacent companies while also acquiring control stakes in professional teams and leagues. The firm does not publicly disclose its source of capital, though Blodgett's position as a strategic advisor to the New York Football Giants — owned by the Tisch and Mara families — provides a structural link to family-owned sports assets.
Which professional sports properties does Next 3 hold?
The firm holds majority ownership of Gotham FC in the National Women's Soccer League, where Blodgett serves as Governor. Additional team and league stakes confirmed by the firm include TGL's Los Angeles Golf Club, League One Volleyball, SailGP's USA team, and Trasmit.Live. Blodgett also serves as the NWSL's first Chair of the Executive Committee.
What investment stages does Next 3 target?
The firm targets early to growth-stage companies across the sports, media, and entertainment ecosystem. Investment associate Will Sands focuses on sourcing at these stages, while the broader team evaluates controlling stakes in professional teams and leagues. The firm describes its capital as flexible and long-term, deployed where it can add strategic value.
How does Next 3 source its investments?
Sourcing draws on the team's operating experience inside professional sports and consumer technology. Blodgett's NFL ownership connections, advisor Ryan Dillon's Peloton-era relationships, and the firm's proprietary access to New York-based family-owned businesses create a pipeline distinct from auction processes. The firm's portfolio companies — including the leagues and teams it controls — also serve as a demand-signal network for evaluating sports-tech and media startups.
How is Next 3 related to the New York Football Giants?
Carolyn Tisch Blodgett is a member of the Tisch family, which co-owns the New York Football Giants alongside the Mara family. She serves as a strategic advisor to the team, supporting the ownership's interests across the business. Next 3 is a separate entity from the Giants, though Blodgett's dual role creates structural connectivity between the family's legacy sports asset and her investment platform.
What is Next 3's relationship to Gotham FC?
Blodgett is the lead owner and Governor of Gotham FC, acquired through Next 3. Under her ownership, the club won NWSL Championships in 2023 and 2025, an inaugural CONCACAF Champions Cup title, and placed third in the first FIFA Women's Champions Cup. The team operates as a live portfolio asset where the firm's operator-investor model plays out in real time.
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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