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Giannis Antetokounmpo, one of the NBA’s most dominant players, is taking his talents to the stock market with the help of Illinois-based investment firm Calamos Advisors created an exchange-traded fund called the Calamos Antetokounmpo Sustainable Equities Trust that will invest in sustainable companies, per a filing with the SEC.
The new ETF will allow investors to invest in firms that adhere to internally determined environmental, social, and governance standards. The fund will not feature any involved with activities such as animal testing, gambling, nuclear energy, and alcohol.
Calamos would not disclose if Antetokounmpo has provided any seed funding.
“The shared values between Calamos Investments and Giannis Antetokounmpo forge the foundation for a great partnership,” a representative for Calamos said in a statement.
It’s not Antetokounmpo’s first foray in the investing world.
In December, he invested in luxury watch marketplace WatchBox, and in August 2021, he bought a minority stake in the Milwaukee Brewers.
