Incoming MLS commissioner Larry Berg will vacate his advisory role with Josh Harris’ private equity fund as part of his new job.
An MLS spokesman told Sportico Tuesday that Berg is going to give up his role as an advisor to 26North as he transitions to the league’s top executive. Berg, who is currently an LAFC co-owner, has already discussed selling his stake in the MLS club, a requirement to become commissioner.
Berg joined 26North in September 2023 as a partner in its private equity division. Though his official bio on the LAFC website and part of his LinkedIn page still listed him as a “senior partner” as of Tuesday afternoon, he left that role last October, transitioning to an advisor, the MLS rep said. Another part of his LinkedIn identifies him as a “senior advisor.” A rep for 26North didn’t respond to an email seeking comment.
Berg was asked Tuesday in his introductory press conference about how his private equity experience might inform his role.
“I do think there are a lot of characteristics of private equity that do apply [here],” Berg said. “It’s about a sense of urgency, rolling up the sleeves, being in the trenches, asking good questions, aligning people for a common goal. There’s a lot of parallels. And I have a lot of experience on many boards, which gives me a lot of experience with governance, and at the end of day this is a governance job.”
