Blitzer is also the co-owner of Real Salt Lake of Major League Soccer and a minority owner of the Cleveland Guardians of Major League Baseball. Ross was convicted of extortion and sentenced to five years of probation under the condition that he get psychiatric and alcohol treatment and has no contact with his daughter Allison, Blitzer, their children, and Blackstone. David Blitzer is the Global Head of Blackstone's Tactical Opportunities group (Tac Opps), and a member of the firm's Management Committee. Tac Opps is Blackstones opportunistic investment business which invests globally across asset classes and industries and seeks to identify and execute on attractive, differentiated investment opportunities. A link has been emailed to you - check your inbox. In addition, he served two terms as Chairman of Loan Syndications and Trading Association (LSTA), an industry organization. Through original podcast series, premium video programming, social media, online editorial content, a newsletter, and exclusive merchandise and live events, JWS is committed to making it both easy and fun to be a womens sports fan. LOS ANGELES--(BUSINESS WIRE)--Just Womens Sports, the leading media platform dedicated exclusively to womens sports, today announced that it has raised $6 million from new and returning investors. David Blitzer has made 11 investments. He joined the firm in 1991. The company is projecting sales to exceed US$500 million in 2022, with ten of Gametimes highest revenue days occurring in 2022. Mr. Krase co-founded each of the funds, was a member of the firm's investment committee and has served as a . Sie hat nichts mit dem vorherigen Besitzer zu tun. Blitzer is also the managing partner of Harris Blitzer Sports & Entertainment (HBSE), a sports and property management company he founded with Josh Harris that owns the Philadelphia 76ers of the National Basketball Association and New Jersey Devils of the National Hockey League, among other brands and properties. 2018: Formed Elevate Sports Ventures in partnership with CAA and the San Francisco 49ers 2020: Blitzer and Harris acquire minority stake in the Pittsburgh Steelers This latest round of funding gives us the resources to cement our status as the leading platform in the space.. Much like the company he works for, Blitzer impresses with his reach and relationships. Its incredibly similar, Blitzer said at Wharton on the parallels between his role as an owner and leader of Tac Opps. The company's . Ian Stonebrook is a Staff Writer covering culture, sports, and fashion for Boardroom. One keyword here is internationalization. The Registered Agent on file for this company is C T Corporation System and is located at 28 Liberty Street, New York, NY 10005. Mr. Krase co-founded each of the funds, was a member of the firms investment committee and has served as a lead participant on numerous creditor committees. The firm prefers to invest in the e-commerce, mobile, and education sectors. Scott previously worked at TSA Capital Management, where he was a portfolio manager responsible for global asset allocation. He is also involved in the Tac Opps Investment Committee. With Josh Harris, Blitzer is also a partner in Harris. Hes the first person with an equity stake in the five biggest US professional sports leagues. Private equity investors from Switzerland. Established in 2020, Just Womens Sports Inc. (JWS) is the leading media platform dedicated exclusively to womens sports. Mr.Blitzercurrently serves on the Boards of Dream, a youth development organization servicing over 2,200 inner city children, and 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. Sold in early 2023 to the Sony. Otherwise, we will assume you're OK to continue. Hofmann Investoren GmbH holds 99.4 percent of the shares in FC Augsburg GmbH und Co. KGaA. Owning teams was something to look at and talk about among the affluent, subject to appreciate in value but not viewed as a year-over-year sensation. | Terms & Conditions His net worth was estimated by Forbes in April 2023 to be $1.9 billion. 30 May 2022 Rory Jones News Gametime SHARE THIS ARTICLE Ticketing platform Gametime has generated US$30 million in funding round. Matt Biscuiti or Kevin Broderick At the time of this writing, Blitzer owns stakes in a slew of high-profile professional sports franchises. Analysts estimate that ticketing revenue for music and sporting events alone could reach $54 billion globally in 2022, a 142% growth from five years ago and a 443% increase over 2020 when the. Each year it grows so dramatically.. Scott is a founding partner of Harkness Capital. Do a Google Image search for David Blitzer and youll see his likeness in front of some of the most recognizable logos in sports. As a child, David Blitzer grew up playing soccer, skiing in Utah, and cheering for Magic Johnson. David Blitzer is a serious name to know in the business of sports. The round is 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 partner and Vancouver Whitecaps chairman and co-owner), Palapa Ventures, Bolt Ventures (David Blitzer, owner of Philadelphia 76ers and New Jersey Devils), Tenere Capital, Blitzscaling Ventures, Next Play . The exchange with North American professional clubs around know-how is also an opportunity for the club. Copyright Bolt Ventures GmbH All Rights Reserved, Bolt Ventures GmbH From its inception, Just Womens Sports has prioritized supporting and partnering with the athlete community. We came together and decided to partner, do this and invest in Real Salt Lake.. Hes an incredible husband, an incredible father and hes the smartest guy Ive ever been in a room with, Sixers and Devils CEO Scott ONeil told Wharton in 2019. Harris Blitzer Sports & Entertainment LLC ( HBSE) is an American sports and property management holding company. PHILADELPHIA - SEPT. 16, 2020 - Harris Blitzer Sports & Entertainment (HBSE), a dynamic organization comprised of premier sports and entertainment . Blackstone, established only six years prior to his arrival, proved fertile ground for Blitzers business acumen to flourish. [2][3], In 2011, Blitzer joined an investment group led by Josh Harris that purchased the Philadelphia 76ers of the National Basketball Association (NBA) for US$280 million. [6][7] In August 2013, Blitzer and Harris purchased the New Jersey Devils of the National Hockey League (NHL), which included the Prudential Center in Newark, New Jersey, for over $320 million. Charismatic and curious, hes the type of guy youd love to talk to and clearly the type of person who listens. Were thrilled to partner with them as they enter this next phase of growth.. . 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. Seitzstrae 8e Who is David Blitzer? bolt ventures david blitzer. Hofmann Investoren GmbH holds 99.4 percent of the shares in FC Augsburg GmbH und Co. KGaA. Founded in 2012, Bolt Ventures is a venture capital firm based in So Paulo, Brazil. We are independently minded and lead the first round of financing in over 90% of our investments. Dont be surprised if you start seeing Blitzer enter even more rooms and arenas down the road. The reported 35% share in the squad once known as the Indians is said to include a path to eventual majority control. Scott Krase. The Blackstone Group 4 years 10 months. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. Bolt Ventures, the family office of David Blitzer, investment firm SC Holdings, women's tennis pioneer Billie Jean King, Washington Spirit owner Michele Kang, and sports NFT marketplace. Blitzer, on the other hand, saw these franchises essentially as content companies and scarce assets. | 2022 Season Tickets can be purchased at . Upon graduation, he accepted a position with the Blackstone Group in 1991 and became a Senior Managing Director & Head of Tactical Opportunities in the Ney York City metropolitan area. HBSE provides a unique opportunity to harness the power of our talented management team and our shared resources to fuel growth and expansion, and a means to accelerate and sustain long-term success.. American billionaire investor (born 1969), This article is about the private equity investor. [20][22] His net worth was estimated by Forbes to be $1.9 billion in April 2023. From its inception, the company has prioritized supporting and partnering with the athlete community. VP Finance 2 emails found 1 phone number found . He subsequently developed into a successful businessman who revealed a weakness for sports. Find More Contacts for Bolt. Guy Oseary and Ashton Kutchers venture capital firm, Sound Ventures, has closed a $240 million During the NFL Draft, Rich Paul unveiled the pieces from his inaugural Klutch Athletics collection with New Balance Rich Paul is one of the most prolific minds in sports. Portions of this site are directed only to persons in certain jurisdictions. New investors include tennis icon Billie Jean King; Washington Spirit owner Michele Kang; Bolt Ventures, the family office of financier and team owner David Blitzer; SC Holdings, a strategic entertainment investor thats backed The SpringHill Company and Front Office Sports; Revolutions Rise of the Rest Seed Fund; Muse Capital; Dapper Labs, the leading sports NFT platform; and other institutional and angel investors. The University of Pennsylvanias Wharton School, the graduate program from which Blitz graduated magna cum laude in 1991, is renowned for shaping some of the most brilliant minds in business. Scott holds a B.S., cum laude, from The Wharton School of the University of Pennsylvania and has earned the Chartered Financial Analyst designation. Blitzer was born on September 7, 1969, in Scotch Plains, New Jersey. This market just got larger in a sense that it can touch the UK, Germany, or some of those other soccer markets. Their most notable exits are The Action Network , Keemotion , and Beyond Sports. Famously, he helped start and lead Blackstones European private equity business, taking him to England from 2001-11. 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