Two-time major winner Greg Norman is bringing his considerable entrepreneurial talents into the finance arena, a different kind of green than he is used to.
With a successful stable of businesses encompassing eyewear, apparel, wine, turf supply, prime Wagyu beef and his first love golf course design already in his bag, running a modest $75 million asset-based debt-lending fund should be an easy up and down for the Australian superstar.
Having won over 91 times around the globe with 20 triumphs on the PGA Tour Norman knows how to succeed. Through his Greg Norman Design Company he has opened 77 courses worldwide and has an additional 38 projects in various stages of development and golf course design from Norman does not come cheap.
The Great White Shark Opportunity Fund will invest in public and private United States and foreign businesses. The fund will target companies with less than $25 million in revenues that are profitable, and with a good management track record, investing between $1 million to $10 million.
The investment fund will be led by Norman and three employees of his company, David Chessler, Jack Schneider and President Bart Collins, Norman’s long-time business manager and agent.
