<![CDATA[Follow the Fortunes]]>Insurance executive and underwriter Phil Schmidt interviews the people who finance, build, and protect the business of sport. Guests include private equity and credit investors, team owners, league executives, underwriters, and the lawyers who structure the deals. Each episode covers the risk behind the return: where the capital comes from, what can go wrong, and who ends up carrying it.

]]>www.frontpool.comRiverside.fm (https://riverside.com)Thu, 29 Oct 2026 08:13:41 GMTThu, 27 Aug 2026 16:50:34 GMT60Phil Schmidt<p>Insurance executive and underwriter Phil Schmidt interviews the people who finance, build, and protect the business of sport. Guests include private equity and credit investors, team owners, league executives, underwriters, and the lawyers who structure the deals. Each episode covers the risk behind the return: where the capital comes from, what can go wrong, and who ends up carrying it.</p>episodicPhil Schmidtps@frontpool.comno<![CDATA[005 Loeb & Loeb's Brian Socolow on private equity and the college sports bill]]>This spring the Big 12 Conference offered each of its schools up to $30m of credit from private investors, at a double-digit interest rate. The lenders would get no say in how the league is run. Within a week, more than half the schools were turning it down. In September the Senate passed the Protect College Sports Act. It would write a ceiling on what schools pay athletes into federal law. If the House doesn't finish it by the third of January, it dies.

Brian Socolow is co-chair of the sports practice at the law firm Loeb & Loeb. He has negotiated athletes' endorsement deals since 2021, and in 2025 co-wrote an article arguing that private equity would soon be in college sports. He explains why certainty about costs matters more to investors than the bill's limits on superleagues, and why employee status is the one cost nobody can price yet. He also covers how the University of Utah's deal with Otro Capital splits the business side from the players, why private equity and public universities make "a very difficult marriage", and what insurers now cover.

Guest: Brian Socolow, co-chair of the sports practice at Loeb & Loeb.

Chapters

  • 00:00 — Introduction
  • 01:39 — "Everybody was benefiting monetarily, except the athletes"
  • 02:32 — The twenty-million-dollar cap, and the arms race above it
  • 04:25 — Why college sports can't govern itself
  • 05:05 — "This act will provide certainty"
  • 06:06 — Superleagues, twenty-member conferences and pooled media rights
  • 07:24 — If athletes were employees
  • 09:20 — Utah and Otro Capital: the investor gets the business side
  • 11:03 — The stadium as the easier way in
  • 11:31 — The Big Ten's $2.4bn offer, and why it stalled
  • 11:54 — Can a private equity fund coexist with a public university?
  • 15:04 — The Big 12's credit line: no say, but costly money
  • 15:23 — "Definitely donor fatigue"
  • 16:29 — Insuring the athlete's body
  • 17:03 — Insuring the school's NIL payroll
  • 18:16 — The House, and the third of January
  • 18:36 — "The first call that I'm gonna get"
  • 19:31 — And if the bill dies
  • 20:08 — Sign-off

Links

Follow the Fortunes covers the risk behind the return in sport and entertainment. Hosted by Phil Schmidt of Frontpool.

Sound by AleXZavesa and Dvir Silverstone from Pixabay

Views expressed by guests are their own. Nothing here is insurance, investment or legal advice.

]]>232809ae-6dea-4b60-80ae-8327958902abTue, 27 Oct 2026 04:30:00 GMT<p>This spring the Big 12 Conference offered each of its schools up to $30m of credit from private investors, at a double-digit interest rate. The lenders would get no say in how the league is run. Within a week, more than half the schools were turning it down. In September the Senate passed the Protect College Sports Act. It would write a ceiling on what schools pay athletes into federal law. If the House doesn't finish it by the third of January, it dies.</p><p>Brian Socolow is co-chair of the sports practice at the law firm Loeb &amp; Loeb. He has negotiated athletes' endorsement deals since 2021, and in 2025 co-wrote an article arguing that private equity would soon be in college sports. He explains why certainty about costs matters more to investors than the bill's limits on superleagues, and why employee status is the one cost nobody can price yet. He also covers how the University of Utah's deal with Otro Capital splits the business side from the players, why private equity and public universities make "a very difficult marriage", and what insurers now cover.</p><p>Guest: Brian Socolow, co-chair of the sports practice at Loeb &amp; Loeb.</p><p>Chapters</p><ul><li>00:00 — Introduction</li><li>01:39 — "Everybody was benefiting monetarily, except the athletes"</li><li>02:32 — The twenty-million-dollar cap, and the arms race above it</li><li>04:25 — Why college sports can't govern itself</li><li>05:05 — "This act will provide certainty"</li><li>06:06 — Superleagues, twenty-member conferences and pooled media rights</li><li>07:24 — If athletes were employees</li><li>09:20 — Utah and Otro Capital: the investor gets the business side</li><li>11:03 — The stadium as the easier way in</li><li>11:31 — The Big Ten's $2.4bn offer, and why it stalled</li><li>11:54 — Can a private equity fund coexist with a public university?</li><li>15:04 — The Big 12's credit line: no say, but costly money</li><li>15:23 — "Definitely donor fatigue"</li><li>16:29 — Insuring the athlete's body</li><li>17:03 — Insuring the school's NIL payroll</li><li>18:16 — The House, and the third of January</li><li>18:36 — "The first call that I'm gonna get"</li><li>19:31 — And if the bill dies</li><li>20:08 — Sign-off</li></ul><p>Links</p><ul><li><a href="https://www.loeb.com/en/insights/publications/2025/07/why-private-equity-will-soon-be-in-college-sports" rel="noopener noreferrer nofollow">"Why Private Equity Will Soon Be in College Sports," Brian Socolow, Derek Crownover and Scott Zolke, Loeb &amp; Loeb, July 2025</a></li><li><a href="https://www.espn.com/college-football/story/_/id/50086089/protect-college-sports-act-house-representatives-congress-obstacles" rel="noopener noreferrer nofollow">"What challenges lie ahead for the Protect College Sports Act?" ESPN, October 2026</a></li><li><a href="https://frontofficesports.com/majority-of-big-12-schools-are-turning-down-30m-redbird-credit-option/" rel="noopener noreferrer nofollow">"Majority of Big 12 schools are turning down $30M RedBird credit option," Front Office Sports, May 2026</a></li><li><a href="https://attheu.utah.edu/athletics/university-leads-out-with-new-athletics-funding-model/" rel="noopener noreferrer nofollow">"University leads out with new Athletics funding model," University of Utah, January 2026</a></li><li><a href="https://www.insurancejournal.com/news/midwest/2026/01/06/853263.htm" rel="noopener noreferrer nofollow">"Zurich and Players Health form injury insurance for NIL era of college sports," Insurance Journal, January 2026</a></li></ul><p>Follow the Fortunes covers the risk behind the return in sport and entertainment. Hosted by Phil Schmidt of <a href="https://frontpool.com" rel="noopener noreferrer nofollow">Frontpool</a>.</p><p>Sound by <a href="https://pixabay.com/users/alexzavesa-24262182" rel="noopener noreferrer nofollow">AleXZavesa</a> and <a href="https://pixabay.com/users/sonican-38947841" rel="noopener noreferrer nofollow">Dvir Silverstone</a> from <a href="https://pixabay.com" rel="noopener noreferrer nofollow">Pixabay</a></p><p>Views expressed by guests are their own. Nothing here is insurance, investment or legal advice.</p>no00:20:44005 Loeb & Loeb's Brian Socolow on private equity and the college sports billfull<![CDATA[004 Exceptional Risk Advisors' Frank Zuccarello on insuring top talent and tour advances]]>Last year the music company Concord borrowed nearly $1.8bn against songs that already exist and already earn. A promoter can now hand a new artist anything from a couple of hundred thousand dollars to $50m before a single tour date is booked. The first is priced on a track record. The second rests on one person staying well.

Frank Zuccarello is managing partner of Exceptional Risk Advisors, a New Jersey coverholder that writes life, disability and contingency cover for Lloyd's of London when ordinary insurers won't. His clients are performers, athletes and the people who lend to them. He explains how he prices a risk with no history: he insures the contract, so the policy pays as long as one person stays well. That is why a tour advance with no dates can be covered and a pandemic still can't. He also covers storm-postponed shows, ageing headliners and disgrace cover.

Guest: Frank Zuccarello, Managing Partner of Exceptional Risk Advisors.

Chapters

  • 00:00 — Introduction
  • 00:34 — How do you price a risk with no history?
  • 01:50 — A young band, from $5,000 a month of cover to $250,000
  • 02:43 — "Twenty percent of our premium and eighty percent of our headaches"
  • 03:00 — Where ordinary disability cover runs out
  • 04:15 — Excess and surplus lines, with Lloyd's behind the desk
  • 04:33 — Binding authority and the Friday afternoon call
  • 05:48 — One-day, one-season and one-tour policies
  • 06:50 — "We're only going to make you whole"
  • 08:35 — The one test, and whether it stretches to carried interest
  • 09:28 — The tour advance with no dates
  • 10:49 — Banks lending against a star's contract
  • 11:06 — Catalogue loans versus advances
  • 11:33 — One storm, two outcomes
  • 12:24 — What a rescheduled show costs
  • 12:54 — COVID, and why a pandemic still isn't covered
  • 14:49 — Ageing headliners: more tickets, higher premiums
  • 15:54 — Mental health and tour cancellations
  • 16:57 — Disgrace cover: protecting the sponsor from the star
  • 18:53 — "That might be a new product for us, Phil"
  • 19:21 — $130m on any one person
  • 19:53 — Ten or fifteen syndicates on a single policy
  • 20:36 — A soft market, and reinsurers pulling back
  • 21:46 — Sign-off

Links

Follow the Fortunes covers the risk behind the return in sport and entertainment. Hosted by Phil Schmidt of Frontpool.

Sound by AleXZavesa and Dvir Silverstone from Pixabay

Views expressed by guests are their own. Nothing here is insurance, investment or legal advice.

]]>1194555d-23d6-4fb3-81a9-ae0b9e0d7130Thu, 15 Oct 2026 04:30:00 GMT<p>Last year the music company Concord borrowed nearly $1.8bn against songs that already exist and already earn. A promoter can now hand a new artist anything from a couple of hundred thousand dollars to $50m before a single tour date is booked. The first is priced on a track record. The second rests on one person staying well.</p><p>Frank Zuccarello is managing partner of Exceptional Risk Advisors, a New Jersey coverholder that writes life, disability and contingency cover for Lloyd's of London when ordinary insurers won't. His clients are performers, athletes and the people who lend to them. He explains how he prices a risk with no history: he insures the contract, so the policy pays as long as one person stays well. That is why a tour advance with no dates can be covered and a pandemic still can't. He also covers storm-postponed shows, ageing headliners and disgrace cover.</p><p>Guest: Frank Zuccarello, Managing Partner of Exceptional Risk Advisors.</p><p>Chapters</p><ul><li>00:00 — Introduction</li><li>00:34 — How do you price a risk with no history?</li><li>01:50 — A young band, from $5,000 a month of cover to $250,000</li><li>02:43 — "Twenty percent of our premium and eighty percent of our headaches"</li><li>03:00 — Where ordinary disability cover runs out</li><li>04:15 — Excess and surplus lines, with Lloyd's behind the desk</li><li>04:33 — Binding authority and the Friday afternoon call</li><li>05:48 — One-day, one-season and one-tour policies</li><li>06:50 — "We're only going to make you whole"</li><li>08:35 — The one test, and whether it stretches to carried interest</li><li>09:28 — The tour advance with no dates</li><li>10:49 — Banks lending against a star's contract</li><li>11:06 — Catalogue loans versus advances</li><li>11:33 — One storm, two outcomes</li><li>12:24 — What a rescheduled show costs</li><li>12:54 — COVID, and why a pandemic still isn't covered</li><li>14:49 — Ageing headliners: more tickets, higher premiums</li><li>15:54 — Mental health and tour cancellations</li><li>16:57 — Disgrace cover: protecting the sponsor from the star</li><li>18:53 — "That might be a new product for us, Phil"</li><li>19:21 — $130m on any one person</li><li>19:53 — Ten or fifteen syndicates on a single policy</li><li>20:36 — A soft market, and reinsurers pulling back</li><li>21:46 — Sign-off</li></ul><p>Links</p><ul><li><a href="https://www.exceptionalriskadvisors.com/" rel="noopener noreferrer nofollow">Exceptional Risk Advisors</a></li><li><a href="https://www.alternativeswatch.com/2025/07/22/concord-raises-1-8bn-in-music-rights-securitization/" rel="noopener noreferrer nofollow">"Concord raises $1.8bn in music rights securitization," Alternatives Watch, July 2025</a></li><li><a href="https://ultimateclassicrock.com/acdc-new-york-concert-postponed-storm/" rel="noopener noreferrer nofollow">"AC/DC show postponed as storm wreaks havoc on East Coast concerts," Ultimate Classic Rock, September 2026</a></li><li><a href="https://www.digitalmusicnews.com/2022/07/28/shawn-mendes-cancels-world-tour/" rel="noopener noreferrer nofollow">"Shawn Mendes cancels world tour to focus on his mental health," Digital Music News, July 2022</a></li></ul><p>Follow the Fortunes covers the risk behind the return in sport and entertainment. Hosted by Phil Schmidt of <a href="https://frontpool.com" rel="noopener noreferrer nofollow">Frontpool</a>.</p><p>Sound by <a href="https://pixabay.com/users/alexzavesa-24262182" rel="noopener noreferrer nofollow">AleXZavesa</a> and <a href="https://pixabay.com/users/sonican-38947841" rel="noopener noreferrer nofollow">Dvir Silverstone</a> from <a href="https://pixabay.com" rel="noopener noreferrer nofollow">Pixabay</a></p><p>Views expressed by guests are their own. Nothing here is insurance, investment or legal advice.</p>no00:22:22004 Exceptional Risk Advisors' Frank Zuccarello on insuring top talent and tour advancesfull<![CDATA[003 Game Point Capital's Will Hall on coach buyouts and prediction markets' challenge to insurance]]>Almost every insurance policy ever written pays out when something goes wrong. Game Point Capital writes policies that pay out when a team wins.

Will Hall and his brother Jack started it with no experience in insurance and nobody they knew in sport. Ten years on it's an MGA writing contractual bonus, coach buyout and NIL cover — and in 2024 it paid the University of Connecticut $2.77m after the men repeated as national champions and the women reached the Final Four. On how you price a bonus when there's no loss history to price it from, how you hedge a $54m coach buyout without handing the buyer the trigger, and why the cheapest place to lay off a sports risk right now might be a prediction market rather than a reinsurer.

Guest: Will Hall, co-founder and CEO of Game Point Capital.

Chapters

- 00:06 — Introduction

- 00:44 — Insurance that pays out when you win

- 01:37 — "You kick in when something goes right"

- 01:57 — A nine-billion-dollar market, and the liability nobody funds

- 02:32 — Two brothers, and a text message about Grigor Dimitrov

- 03:53 — "We were probably dumb"

- 04:19 — Lloyd's coverholder to MGA, and the friend from kindergarten

- 04:50 — Pricing a bonus with no loss triangle

- 05:40 — Why every quote has a shelf life

- 06:19 — UConn 2024: $5.6m of bonuses triggered, $2.77m paid

- 07:45 — $228m of buyout money in a single coaching carousel

- 09:12 — Hedging a buyout without creating a moral hazard

- 10:48 — Limits: "we haven't signed a hundred-million-dollar risk policy"

- 11:04 — NIL, the House settlement, and a $48.8m hard cap

- 12:08 — "You're gonna get sued again and again"

- 13:15 — Coaches are CEOs, paid the opposite way round

- 13:55 — Kalshi, and hedging at roughly half price

- 15:39 — Where the discount comes from, and where it doesn't

- 17:23 — Venue risk: the unresolved legal status of event contracts

- 18:19 — "You're rounding — it's like zero percent is hedged"

- 19:09 — The next Covid, and the wrong takeaway from the last one

- 20:27 — One per cent

Links

- Game Point Capital

- Kalshi / Game Point Capital partnership and pricing figures, February 2026

- "UConn insured basketball coach bonuses and saved nearly $3M," Stamford Advocate, April 2024

- 2025 coaching carousel buyout tracking, Yahoo Sports

- Protect College Sports Act of 2026, Senate Commerce section-by-section summary

Follow the Fortunes covers the risk behind the return in sport. Hosted by Phil Schmidt.

Views expressed by guests are their own. Nothing here is insurance, investment or legal advice.

]]>0a5e5c95-adcf-4f30-9642-0802117e6815Tue, 15 Sep 2026 05:00:00 GMT<p>Almost every insurance policy ever written pays out when something goes wrong. Game Point Capital writes policies that pay out when a team wins.<br /></p><p>Will Hall and his brother Jack started it with no experience in insurance and nobody they knew in sport. Ten years on it's an MGA writing contractual bonus, coach buyout and NIL cover — and in 2024 it paid the University of Connecticut $2.77m after the men repeated as national champions and the women reached the Final Four. On how you price a bonus when there's no loss history to price it from, how you hedge a $54m coach buyout without handing the buyer the trigger, and why the cheapest place to lay off a sports risk right now might be a prediction market rather than a reinsurer.<br /></p><p>Guest: Will Hall, co-founder and CEO of Game Point Capital.<br /></p><p>Chapters</p><p>- 00:06 — Introduction</p><p>- 00:44 — Insurance that pays out when you win</p><p>- 01:37 — "You kick in when something goes right"</p><p>- 01:57 — A nine-billion-dollar market, and the liability nobody funds</p><p>- 02:32 — Two brothers, and a text message about Grigor Dimitrov</p><p>- 03:53 — "We were probably dumb"</p><p>- 04:19 — Lloyd's coverholder to MGA, and the friend from kindergarten</p><p>- 04:50 — Pricing a bonus with no loss triangle</p><p>- 05:40 — Why every quote has a shelf life</p><p>- 06:19 — UConn 2024: $5.6m of bonuses triggered, $2.77m paid</p><p>- 07:45 — $228m of buyout money in a single coaching carousel</p><p>- 09:12 — Hedging a buyout without creating a moral hazard</p><p>- 10:48 — Limits: "we haven't signed a hundred-million-dollar risk policy"</p><p>- 11:04 — NIL, the House settlement, and a $48.8m hard cap</p><p>- 12:08 — "You're gonna get sued again and again"</p><p>- 13:15 — Coaches are CEOs, paid the opposite way round</p><p>- 13:55 — Kalshi, and hedging at roughly half price</p><p>- 15:39 — Where the discount comes from, and where it doesn't</p><p>- 17:23 — Venue risk: the unresolved legal status of event contracts</p><p>- 18:19 — "You're rounding — it's like zero percent is hedged"</p><p>- 19:09 — The next Covid, and the wrong takeaway from the last one</p><p>- 20:27 — One per cent<br /></p><p>Links</p><p>- <a rel="noopener noreferrer nofollow" href="https://www.gamepointcapital.com/" target="_blank">Game Point Capital</a></p><p>- <a rel="noopener noreferrer nofollow" href="https://finance.yahoo.com/news/kalshi-taps-sports-insurance-market-122758527.html" target="_blank">Kalshi / Game Point Capital partnership and pricing figures, February 2026</a></p><p>- <a rel="noopener noreferrer nofollow" href="https://www.athleticbusiness.com/operations/budgeting/article/15669200/uconn-insured-basketball-coach-bonuses-and-saved-nearly-3m" target="_blank">"UConn insured basketball coach bonuses and saved nearly $3M," Stamford Advocate, April 2024</a></p><p>- <a rel="noopener noreferrer nofollow" href="https://sports.yahoo.com/articles/college-football-hot-seat-5-120553331.html" target="_blank">2025 coaching carousel buyout tracking, Yahoo Sports</a></p><p>- <a rel="noopener noreferrer nofollow" href="https://www.commerce.senate.gov/wp-content/uploads/2026/08/Section-by-section-Protect-College-Sports-Act-short.pdf" target="_blank">Protect College Sports Act of 2026, Senate Commerce section-by-section summary</a></p><p></p><p>Follow the Fortunes covers the risk behind the return in sport. Hosted by Phil Schmidt.<br /></p><p>Views expressed by guests are their own. Nothing here is insurance, investment or legal advice.</p>no00:20:56003 Game Point Capital's Will Hall on coach buyouts and prediction markets' challenge to insurancefull<![CDATA[002 RedBird Capital’s Bishop Street Underwriters with Jim Arnold and George Wilson]]>RedBird Capital owns AC Milan, a Formula One team, and — through Fenway — Liverpool FC and the Boston Red Sox. It also owns a sports insurance business that doesn't cover any of this.

Bishop Street Underwriters has been buying into American amateur sport since 2023: nine operating companies now, $650m of premium last year, $800m targeted this year. Jim Arnold and George Wilson run its sports and entertainment division. On why you buy two competitors and use each to fix the other's weakness, what a founder-friendly sponsor does differently with a family business, and why flag football is now one of the more interesting underwriting problems in the market.

Guests: Jim Arnold, President of Sports & Entertainment (previously with Guy Carpenter and Markel) and George Wilson, SVP and Head of Distribution (previously with RT Specialty, AIG, and Great American) at Bishop Street Underwriters.

Chapters

  • 00:05 — Introduction
  • 01:47 — "You must insure Messi and LeBron. Now tell us what you actually do."
  • 03:01 — The size of the youth sports market
  • 03:50 — Jim Arnold: law, claims, Markel, and why operations
  • 05:13 — George Wilson: "I don't want to sell and I don't want to be involved in insurance"
  • 07:06 — Bishop Street: nine operating companies in three years
  • 08:22 — Why a panel of carriers rather than one balance sheet
  • 09:13 — F.L. Dean, SportUnderwriters.com, SportsCanadaUnderwriters.com 
  • 10:17 — The mirror image: what each agency base asked for
  • 12:15 — "We acquired literally John Dean"
  • 12:50 — Why both brands survive
  • 13:36 — What the RedBird and Weatherford connection delivers
  • 15:26 — AI at the submission, not at the decision
  • 16:27 — Emerging sports, and underwriting with no loss history
  • 17:53 — The centralisation opportunity in governing bodies
  • 18:32 — What private equity brings

Links

Follow the Fortunes covers the risk behind the return in sport. Hosted by Phil Schmidt.

Views expressed by guests are their own. Nothing here is insurance, investment or legal advice.

]]>92e4b423-3321-4c02-8997-e0c7a0fae8e4Tue, 01 Sep 2026 05:00:00 GMT<p>RedBird Capital owns AC Milan, a Formula One team, and — through Fenway — Liverpool FC and the Boston Red Sox. It also owns a sports insurance business that doesn't cover any of this.<br /></p><p>Bishop Street Underwriters has been buying into American amateur sport since 2023: nine operating companies now, $650m of premium last year, $800m targeted this year. Jim Arnold and George Wilson run its sports and entertainment division. On why you buy two competitors and use each to fix the other's weakness, what a founder-friendly sponsor does differently with a family business, and why flag football is now one of the more interesting underwriting problems in the market.<br /></p><p><b>Guests:</b> Jim Arnold, President of Sports &amp; Entertainment (previously with Guy Carpenter and Markel) and George Wilson, SVP and Head of Distribution (previously with RT Specialty, AIG, and Great American) at Bishop Street Underwriters.</p><p></p><hr /><h2>Chapters</h2><ul><li><b>00:05</b> — Introduction</li><li><b>01:47</b> — "You must insure Messi and LeBron. Now tell us what you actually do."</li><li><b>03:01</b> — The size of the youth sports market</li><li><b>03:50</b> — Jim Arnold: law, claims, Markel, and why operations</li><li><b>05:13</b> — George Wilson: "I don't want to sell and I don't want to be involved in insurance"</li><li><b>07:06</b> — Bishop Street: nine operating companies in three years</li><li><b>08:22</b> — Why a panel of carriers rather than one balance sheet</li><li><b>09:13</b> — F.L. Dean, <a rel="noopener noreferrer nofollow" href="http://SportUnderwriters.com" target="_blank">SportUnderwriters.com</a>, <a rel="noopener noreferrer nofollow" href="http://SportsCanadaUnderwriters.com" target="_blank">SportsCanadaUnderwriters.com</a> </li><li><b>10:17</b> — The mirror image: what each agency base asked for</li><li><b>12:15</b> — "We acquired literally John Dean"</li><li><b>12:50</b> — Why both brands survive</li><li><b>13:36</b> — What the RedBird and Weatherford connection delivers</li><li><b>15:26</b> — AI at the submission, not at the decision</li><li><b>16:27</b> — Emerging sports, and underwriting with no loss history</li><li><b>17:53</b> — The centralisation opportunity in governing bodies</li><li><b>18:32</b> — What private equity brings</li></ul><p></p><hr /><h2>Links</h2><ul><li><a rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/news-release/2026/02/26/3246198/0/en/Bishop-Street-Underwriters-Announces-Strategic-Investment-by-White-Mountains.html" target="_blank">Bishop Street / White Mountains, $125m investment</a></li><li><a rel="noopener noreferrer nofollow" href="https://redbirdcap.com/wp-content/uploads/2026/06/Bishop-Street-plots-next-moves-and-targets_The-Insurer-6.18.2026.pdf" target="_blank">"Bishop Street plots next moves," <i>Program Manager</i>, June 2026</a> </li><li><a rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/news-release/2024/05/22/2886436/0/en/RedBird-Capital-and-Weatherford-Capital-Announce-Collegiate-Athletic-Solutions-a-Capital-Solutions-Platform-for-University-Athletic-Departments.html" target="_blank">RedBird / Weatherford launch Collegiate Athletic Solutions</a></li></ul><p></p><hr /><p></p><p><b>Follow the Fortunes</b> covers the risk behind the return in sport. Hosted by Phil Schmidt.</p><p></p><p>Views expressed by guests are their own. Nothing here is insurance, investment or legal advice.</p>no00:19:3212002 RedBird Capital’s Bishop Street Underwriters with Jim Arnold and George Wilsonfull