In this PE FORUM interview, Rashaun Williams shares his vision for the future of sports investing and explains why professional sports franchises are increasingly attracting institutional capital. He discusses Harbinger Sports Partners’ differentiated approach to investing in profitable North American teams, the growing role of secondary transactions, and the emergence of “Sports 2.0″—a model that combines team ownership with stadium, real estate, and year-round fan engagement strategies. Williams also highlights the importance of ownership, access, financial education, and long-term value creation in building sustainable wealth.