CGI Merchant Group, LLC (CGI), a global investment management firm with a focus on commercial real estate and private equity, today announced a new platform-level investment partnership with world-renowned professional boxer and businessman Floyd Mayweather.
The platform investment vehicles will be open to other athletes, celebrities and select family offices with aims to deploy over $250 million into commercial real estate assets, inclusive of CGI’s flagship Hospitality Fund (H-Fund) and other CGI investment vehicles with a wide spectrum of real estate strategies and asset classes, including hotel, office and private credit. The partnership is aligned with CGI’s commitment to creating long-term value and seeking to impact and improve the communities where it invests through its ESG aligned social impact strategy.
“I’ve long admired Floyd Mayweather for being one of the world’s greatest professional athletes and for his incredible business instincts,” said CGI Founder and CEO, Raoul Thomas. “The CGI family is honored to welcome him and we look forward to working together to foster a steadfast and sustainable approach to commercial real estate investing.”
CGI is an industry innovator in value enhancement of iconic assets, and their established track record has earned the trust of some of the world’s most sophisticated investors, from legendary athletes, such as Mayweather, to global institutional investors, family offices and endowments.
“I am blessed to have made a lot of money as a professional athlete, which I have used to create generational wealth. I am inspired to work with CGI and take these experiences to empower other athletes to do the same through investing in commercial real estate.” said Mayweather.
A phenomenal athlete and global boxing legend, Mayweather has created a name for himself outside of the ring as a successful businessman whose decisions are centered on creating generational wealth. The retired boxing champion turned investor is continuing to expand his growing real estate investment portfolio, which includes numerous commercial real estate properties around the country totaling billions of dollars in assets.
“Over the years, Mayweather’s savvy investment decisions have made him a notable figure in business fueled by the desire to create a platform of financial independence for the people and communities around him, this desire is directly aligned with my own vision for CGI to be a vehicle for this type of change.” Thomas said.