The Chickasaw Nation Advances Business Diversification via Sovereign Native Holdco

The Chickasaw Nation is advancing its business diversification initiative by establishing a dedicated management team to execute business strategies and manage operations within Sovereign Native Holdco (SNH), an investment subsidiary wholly owned by the Nation. This team will focus on selective real estate, hospitality, private equity and entertainment investments made by the Nation.

R. Alan Marcum will serve as president of SNH, transitioning from his current role as deputy secretary of the Chickasaw Nation's Department of Commerce. Alongside his new responsibilities, Marcum will continue to serve on the boards of Global Gaming Solutions, a subsidiary of the Chickasaw Nation created in 2008 to invest in the development, management and marketing of racing, gaming and entertainment opportunities and Good Springs Capital, a private equity firm founded by an anchor investment by the Nation in 2023. Marcum will also oversee the recently created entity Pennington Creek Capital, LLC, a private equity firm established by the Nation in 2024 with offices in Dallas, Texas.

"Sovereign Native Holdco reflects our ongoing commitment to strategic business diversification," Chickasaw Nation Governor Bill Anoatubby said. "Over the years, we have established separate entities focused on managing our investments in various sectors, including real estate, finance, hospitality, healthcare, energy, private equity and gaming. By adding a skilled management team to SNH, we can better minimize risk and accelerate growth. These enterprises generate revenues to support our mission to enhance the overall quality of life of the Chickasaw people. Our diversification underscores our determination to pursue well-considered business opportunities to strengthen the Chickasaw Nation and the communities within Oklahoma in which we live.”

Chickasaw Nation's Secretary of Commerce and SNH Board Chairman Dan Boren said, "Sovereign Native Holdco reflects Governor Anoatubby's vision of business diversification, which began over a decade ago and continues evolving by bringing additional talent and resources to mature and increase the value of our investments. The results of the strategic decision years ago to diversify our investment portfolio have enabled the Nation to expand and enhance programs and services for the Chickasaw people."

Boren added, "I am pleased that Alan will lead this important effort. As a valuable member of our Commerce leadership team, his experience and background have been crucial to the growth of SNH. His success in guiding complex projects, most recently the $400 million OKANA Resort and Indoor Waterpark in Oklahoma City, will greatly benefit SNH."

Alongside Marcum, the management team will include Sarah Delaney, a seasoned finance professional who joined the Chickasaw Nation in 2021, serving as Vice President of Finance; Amanda Tsoodle, a legal expert with over 20 years of legal and management experience, serving as General Counsel; and Kelsie Scott, an experienced administrative manager with a background in human resources, serving as the Human Resources Manager.

Notable SNH ventures include investments in the historic Skirvin Hotel in Oklahoma City, Salesforce Tower in Indianapolis, and various limited partner investments across multiple platforms. These ventures provide generational investments with strong balance sheets and offer unique opportunities.

Marcum said, "I am honored to be able to continue to lend my experience to the SNH team, and I appreciate Governor Anoatubby's vision and direction. We have an incredible foundation to build upon and so many exciting opportunities ahead."

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