In what has been described as a ‘first-of-its-kind’ partnership, the Esports MX LATAM Fund, a group of Mexico-based investors and family offices in media, entertainment, finance, and other industries, have invested into the Pittsburgh Knights and partnered to jointly set up an affiliate esports team organization in Mexico in the framework of the Knights’ organizational and operational model.
The Knights have been on an upward trajectory since partnering with six-time Super Bowl Champions, the Pittsburgh Steelers, in 2018. With the investment and operating partnership from the Esports MX LATAM Fund and its investors, the Knights will continue to focus on building a globally recognized gaming powerhouse and become initiators in Latin American esports.
“We are pleased to work with the Pittsburgh Knights as their partners, alongside the Pittsburgh Steelers, who have one of the top recognized American football brands in Mexico, and Wiz Khalifa, a globally recognized creative artist,” said Mark Alazaraki, CEO of Alazraki Networks, one of the key investors and general partners of the fund.
“The Knights have proven that they can grow and scale a professional esports organization working with established industry partners and a professional sports organization with much success that will be attractive to our investors who are exploring opportunities to invest in the Mexican esports scene.”
“There is a strong strategic alignment with the Esports MX LATAM Fund’s vision and our investment group’s plans,” commented Knight’s President James O’Connor. “Partnering with Han and his investment partners in Mexico is another great step for the Knights as we grow our global footprint. We see the same dedication, loyalty, and zeal for sports there that we do in Pittsburgh. Mexico has a lot to offer in terms of talent and logistics that make this venture an ideal opportunity to build something special for both Mexican and global esports.”
