The specifics
In a media release, the company shared that Jenny Just, Matt Hulsizer, Tench Coxe, Tanuj Gulati and Dave Snyderman will all have non-controlling, minority stakes in the Club.
Just and Hulsizer are co-founders and managing partners of Austin-based financial services and technology firm Peak6 Investments.
Coxe has served on the board of chip designer Nvidia since 1993 and was the managing director at Sutter Hill from 1989 to 2020.
Entrepreneur, investor and life-long soccer fan Gulati previously worked as the co-founder and chief technology officer of Securonix, a security analytics and operations management platform.
Snyderman is the managing partner and global head of alternative credit and fixed income of Magnetar Capital.
What else?
Austin FC founder and CEO Anthony Precourt will continue to have majority ownership control of the Club.
Original investment group members including Austin FC co-founder Eduardo Margain, Marius Haas, Bryan Sheffield, Matthew McConaughey, David Kahn and Toby Neugebauer will remain owners of the Club alongside Precourt and the newly named owners.
What they’re saying
The Club was privileged to welcome the new individuals, Precourt said in the news release.
“The Club, its supporters and our network of partners have established an extraordinary culture over the past five-plus years, and we are very excited to welcome the collective strengths of our distinguished new investors to the Austin FC community,” Precourt said. “Our newly expanded ownership group is committed to the Club’s growth and evolution and we remain focused on serving as a source of pride throughout Central Texas.”
