From its inception, the company has prioritized supporting and partnering with the athlete community. Team owners see opportunities to expand the market and future proof the industry with Gametimes younger audience as season ticket holders age. Just Womens Sports original programming includes a series of athlete-hosted podcasts and video series, as well as social media, a website, a newsletter and live events. Mr. Blitzer is based in New York and graduated magna cum laude from the Wharton School of the University of Pennsylvania. [11][12], In 2017, Blitzer co-founded Harris Blitzer Sports & Entertainment with Harris to consolidate their shared sports ventures. Bolt Ventures - Building Futures Player engagement with their global fan base has absolutely exploded in the age of social media, Blitzer told Bloomberg Businessweek at the NBA Tech Summit in 2019. His friendship with Hofmann should have given him good insights into the club. David Blitzer and Jeff Mallet become investors in latest round. Scott Krase - Harkness Capital Partners Bolt Ventures is a family-owned venture capital firm which provides smart capital and pro-active hands-on support to fast-growing highly-scalable IT, Gaming & High Tech companies. The business case for womens sports has never been clearer, and Just Womens Sports is positioned to be the leading media platform in the space, said New York Liberty owners Joe Tsai and Clara Wu Tsai. His acquisition of e-sports franchise Dignitas in 2016 was forward-thinking while this years leap into Major League Soccer makes one wonder just whats next for the global game in the US. 14 years and 15 days old.We've got the youngest Homegrown in @MLS history. In financially difficult times, the deal also brings security to a club that always has to manage well. Mr. Blitzer currently serves on the Boards of Dream, a youth development organization servicing more than 2,200 inner-city children, the Riverdale Country School, the Advisory Board of the Mount Sinai Surgical Department, the Board of Overseers at the Wharton School and the Board of Trustees at the University of Pennsylvania. Here are 10 facts about RSL's new lead investor. The fund aims to buy into growth-stage companies with strong business fundamentals and enterprise values up to $2 billion. Upon graduating, Blitzer joined Blackstone, an alternative investment firm in New York City, where he still works today. The round was led by Nimble Partners (including Golden State Warriors owner John Burbank), with additional investment by Maven Ventures, Accel, GV, Jeff Mallett (San Francisco Giants principal. Language links are at the top of the page across from the title. During that decade, he had the ability to connect with his chosen high school sport soccer planting the seeds to own association footballl clubs in his future. Just as the star players on Blitzs Sixers squad developed their games at Duke or Kansas, Blitzer honed his craft at the prestigious Wharton School of Business. In addition to Alpha Wave Ventures, today's investment includes participation from new investor Mark Vadon, as well as returning investors SC.Holdings, David Blitzer's family office Bolt Ventures and Dr. Peter Attia. Scott previously worked at TSA Capital Management, where he was a portfolio manager responsible for global asset allocation. Previously, he shared responsibility for the portfolio management activities of Oak Hill Advisors, a NY based asset manager with over $20 billion of assets under management. The US-based company now holds 45 percent of the shares, while Hofmann itself holds 30.56 percent. Gametime Secures $30M | citybiz He graduated from the Wharton School in 1991 and joined Blackstone Inc, where he serves as head of their Tactical Opportunities group. . The same applies to Detlef Diesel, who is leaving with MAJA Vermgensverwaltungsgesellschaft. If you are having problems using this website, including problems accessing any portion of this site using screen reader technology, please call 215-952-7000 or email 76ersservice@76ers.com for assistance. By making his mark in many markets, Blitzer became a marquee member of the 37-year-old investment firm that now manages $650 billion worth of assets and owns 250 companies. What is the story of the payment company Worldline? FCA is also seen as an ambitious and attractive club, which has attracted attention in the past with good business and a secure place in the Bundesliga. I was one of those fake or failed athletes growing up, but I was a massive, massive sports fan as a little kid and all the way until today, Blitzer told his alma mater. This market just got larger in a sense that it can touch the UK, Germany, or some of those other soccer markets. The round was led by Blue Pool Capital, Joe Tsais family office,with participation from Billie Jean King,Michele Kang, Bolt Ventures, David Blitzer,SC Holdings,RevolutionsRise of the Rest Seed Fund,Muse Capital and Dapper Labs, and other institutional and angel investors. Switchboard:+1 (212) 583-5000. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. He is the global head of tactical opportunities at the Blackstone Group, an investment company with hundreds of billions of dollars tied up in . He joined the firm in 1991. Buzzer Raises $20M In Series A Financing - FinSMEs JWS Founder and CEO Haley Rosen believes the additional funding is further proof that womens sports is entering a new era of investment and popularity, with JWS leading the way. In Belgium, first division club Waasland-Beveren has been 97 percent owned by the Bolt Group since September 2020. A good investment for the future. Particularly in the USA, FCA has wanted to make its presence felt for some time. Harris Blitzer Sports & Entertainment has named David Abrams its new head of investments. The Registered Agent on file for this company is C T Corporation System and is located at 28 Liberty Street, New York, NY 10005. David Abrams Named Head of Investments at Harris Blitzer Sports Because of this, Blitzer is ahead of the curve in regard to implementing data and analytics into his sports enterprises the same way he makes the most of numbers and trends at Blackstone. We are investors AND entrepreneurs: Bolt Ventures believes in businesses with strong and sustainable market positions and good long-term perspectives in which there is the opportunity to grow the business, either through acquisitions (buy & build) or organic growth. The Blitzer Family Foundations ongoing mission is to strengthen communities by assisting young people in reaching their full potential. VP Finance 2 emails found 1 phone number found . Like we see from prime movers in any industry, the man they call Blitz spent years sharpening his skills, developing his expertise, and indulging his curiosity throughout the course of his ascent. Mr. Blitzer and his wife Allison reside in New York City with their five children. While Blitz is best known for his ownership role in the Philadelphia 76ers and his majority stake in the New Jersey Devils, he also has a hand in multiple futbol clubs, as well as ownership interest in e-sports and Minor League Baseball. Alpha Wave Global led the growth funding round and was joined by new investor Mark Vadon, returning investors SC.Holdings, David Blitzer's family office Bolt Ventures and Dr. Peter Attia, as . Sold in early 2023 to the Sony. Keemotion is is the automated production solution connecting the arena for coaches, leagues, and fans. Patriots owner Robert Kraft among investors in Premier - SportsPro Through Bolt Football Holdings, Blitzer is part-owner or full-owner of the English club Crystal Palace FC, German club FC Augsburg, Dutch club ADO Den Haag, and . According to Forbes, he purchased the Philadelphia 76ers for $280 million in 2011. Prior to launching Tac Opps, Mr. Blitzer had been involved in the execution of Blackstone investments across a variety of asset classes, including establishing and leading Blackstones European private equity business. 2023 Harkness Capital Partners | Admin Login, Investor: 21 years as portfolio manager; credit analysis for high yield bonds and bank loans; structured, negotiated credit terms for numerous PE-backed companies; financed management buyouts, Board Member: Athletic Recovery Zone; E-net; Nomikos Ltd.; Caravel Shipping Ltd; Dolphin Capital Opportunities; Castle Athletics; OneZone. Private equity investors from Switzerland. Bolt is a pre-seed venture firm investing in companies leveraging unique technology and valuable data sets to reimagine products, systems, and experiences across the economy. For the economist, see, Wharton School of the University of Pennsylvania, "NJ Devils Co-Owner David Blitzer Will Return to Scotch Plains-Fanwood High School for Hall of Fame Induction", Blackstone Group: Our People - David Blitzer, "In Their Own Words With Blackstone Group's David Blitzer", "Sale of 76ers to Joshua Harris finished", "Those who know him say Joshua Harris, soon-to-be Sixers owner, lives for competition and success", "Group led by Joshua Harris completes purchase of Sixers - 10/18/2011", "Devils announce sale of team to billionaire Josh Harris", "Mandalay Announces Pending Sale of Ownership Interest in RailRiders", "RailRiders Unveil Members of Local Ownership", "Sixers owner Josh Harris buys into Crystal Palace soccer club", "Crystal Palace: Deal agreed with US investors Harris and Blitzer", "David Abrams Named Head of Investments at Harris Blitzer Sports & Entertainment", "HBSE flexing its financial muscle thanks to appointment of head of investments", "76ers owners appoint investment chief for esports and other ventures", "San Francisco 49ers, HBSE and CAA team up to create Elevate Sports Ventures - SportsPro Media", "David Blitzer & Smith Entertainment Group to Purchase Real Salt Lake", "Blitzer purchases 25% stake in Guardians", "Cleveland Guardians reach agreement with David Blitzer-led investment group for minority stake in club", The Evening Standard: "$11M Family Feud Rocks Private Equity World; at Loggerheads: Stuart Ross, above Left with His Attorney, Stuart Jackson, and His Son-in-Law, David Blitzer, Far Right", "Private Equity Princes Reach Deal for 76ers", "Meet Our Speakers: Josh Harris and David Blitzer", Wall Street Journal: "New Tack in Extortion Case - Blackstone Executive Now Being Sued by His Father-in-Law's Former Attorney", New York Post: "Importer of 'Smurfs' takes plea in wacky $11.5million Blackstone Group extortion case" By LAURA ITALIANO, Bloomberg: "Father-in-Law of Blackstone Director Blitzer Faces July 26 Extortion Trial" By Karen Freifeld, Hillel Organization: "2012 Annual report", "Most Influential: Dealmakers & Disrupters", Major League Soccer principal owners by team, https://en.wikipedia.org/w/index.php?title=David_Blitzer&oldid=1151862160, American chief executives of professional sports organizations, Chairmen and investors of football clubs in England, Chairmen and investors of soccer clubs in the United States, Sportspeople from Union County, New Jersey, Wharton School of the University of Pennsylvania alumni, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 26 April 2023, at 18:25.
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