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. Athletic Greens Scoops Up $115M - VC News Daily To date, Just Womens Sports has worked with more than 20 of the worlds biggest brands, including Nike, Puma, Under Armour, Heineken, Cisco and DICKs Sporting Goods. This is a question that only Blitzer himself can answer, but he has not yet commented on it. As a child, David Blitzer grew up playing soccer, skiing in Utah, and cheering for Magic Johnson. Find Just Womens Sports online, subscribe to the newsletter, and follow on Instagram, TikTok, Twitter, Snapchat, and YouTube. The Blackstone Group 4 years 10 months. For press inquiries, contact[emailprotected]. This latest round of funding gives us the resources to cement our status as the leading platform in the space.. Haley and her team have the vision and talent necessary to usher in a new era in sports media.. 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. [27] Blitzer was named to Sports Business Journal's 2022 "Most Influential: Dealmakers & Disrupters" list.[28]. Create your account and get enhanced access to all the latest stories. Gametime said the investment will accelerate product development and expand its efforts to reach younger ticket buyers. Returning investors in JWS include Will Ventures, Kevin Durant and Rich Kleimans Thirty Five Ventures, OVO Fund, Supernode Global and Drive by DraftKings. 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. Ian spends all his free time hooping and he's heard on multiple occasions that Drake and Nas have read his work, so that's pretty tight. Blitzer is a co-owner of several clubs in various sports. 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. Harris Blitzer Vet Abrams, Sportradar's Rees Launch Sports Fund The reported 35% share in the squad once known as the Indians is said to include a path to eventual majority control. By submitting this request, you consent to receive email from Blackstone. Just like at his day job, Blitzer is looking around corners to find new opportunities. The Lippin Group for Just Womens Sports 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. Luckily I was able to get together with Ryan Smith and his team. The US-based company now holds 45 percent of the shares, while Hofmann itself holds 30.56 percent. Their latest investment was Venture Round - Athletes Unlimited on Sep 29, 2022, when Athletes Unlimited raised $30M. The professional division of the Fuggerstdter, which has been playing in the top German league for 10 years despite a mostly rather low budget has been spun off into this company.Bolt Football Holdings has now joined Hofmanns GmbH as a shareholder. [24][25][26], Blitzer founded the Blitzer Family Foundation in 2014, which promotes youth development through education, athletics, and health. The rest of the shares are divided between shareholder Thilo Sautter (4.07 percent) and Projekt Green GmbH (20.37 percent). 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 52-year-old. This market just got larger in a sense that it can touch the UK, Germany, or some of those other soccer markets. Who are David Blitzer and Arctos Sports, reported new owners of Real VP Finance 2 emails found 1 phone number found . Ian Stonebrook is a Staff Writer covering culture, sports, and fashion for Boardroom. Bildquelle Header Bild: Csaba Talaber, Unsplash, 13.11.2021, Der Blog ber Immobilien, Investments und Unternehmen. Led by CEO Haley Rosen, Just Womens Sports is a media platform dedicated exclusively to womens sports working through original podcast series, premium video programming, social media, online editorial content, a newsletter, and exclusive merchandise and live events. In return, the company receives 45 percent of the shares, which are available around the FCA in a spun-off corporation. David Blitzer Profile: Contact Information & Network | PitchBook They join previous athlete investorsKelley OHara, Elena Delle Donne, Hilary Knight,Arike OgunbowaleandSam Mewis. Sie hat nichts mit dem vorherigen Besitzer zu tun. He is a Co-Founder and serves as Managing Partner at Harris Blitzer Sports & Entertainment. HBSE owns the NBA's Philadelphia 76ers, the NHL's New Jersey Devils, and esports organization Dignitas. Were in a golden age of live entertainment as pent-up demand from the pandemic is fuelling record growth for attendance at sporting events, concerts and shows, says Brad Griffith, chief executive of Gametime. . Who Is David Blitzer? See the Guardians Owner's Net Worth - Entrepreneur This is perhaps best seen by the Sixers hire of longtime Rockets front office boss Daryl Morey as President of Basketball Operations, though its said these same approaches will be taken in some form or fashion to his investments in hockey, esports, and soccer. Individual Investors & Financial Advisors. He graduated magna cum laude. With ticket sales closer to the start of the game or concert skyrocketing in popularity, Gametime has defined the last minute category and is the brand of choice for answering the questions: whats up tonight?. Each year it grows so dramatically.. NBA.com is part of Warner Media, LLCs Turner Sports & Entertainment Digital Network, GRAMMY Museum Experience Prudential Center. Two shareholders left the company completely: MAJA Vermgensverwaltungsgesellschaft and MHM Group. David Abrams Named Head of Investments at Harris Blitzer Sports Sold in early 2023 to the Sony. New additions to its standout roster of athlete investors include the aforementioned King, Allyson Felix, Abby Wambach, Sam Kerr, Lynn Williams, Paul Rabil and Apolo Ohno, among others. He also worked in the mergers and acquisitions departments of Gleacher & Co. and Salomon Brothers. JWS has likewise tripled its total audience in the last year while growing its staff from four to 25. We came together and decided to partner, do this and invest in Real Salt Lake.. Founded in 2012, Bolt Ventures is a venture capital firm based in So Paulo, Brazil. But what does Blitzer plan to do with FCA and how could the structures and approaches at the club now change? Today's investment is at a valuation exceeding $1B dollars. [1] He is a supporter of Hillel, which focuses on encouraging Jewish undergraduate and graduate students to embrace their Jewish heritage. 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. 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. Marketing and sponsoring on the American market are difficult for small clubs like FCA to implement, but Blitzer and his company will open doors. Upon graduating, Blitzer joined Blackstone, an alternative investment firm in New York City, where he still works today. Switchboard:+1 (212) 583-5000. [18][19], Blitzer is Jewish. Share this article - PR Newswire Isaac Harrouche - Investment Principal - Bolt Family Office - LinkedIn It is estimated that Blitzer is worth upwards of $1.3 billion, according to Market Realist. team owners David Blitzer [New Jersey Devils, Philadelphia 76ers], GSW Sports Ventures [an affiliate of the Golden State Warriors], Steve Kaplan [D.C. United, Swansea City], Steve Koonin [Atlanta . David S. Blitzer is a Senior Managing Director & Head of the Tactical Opportunities group. Harris Blitzer Sports & Entertainment LLC ( HBSE) is an American sports and property management holding company. He graduated from Scotch Plains-Fanwood High School in 1987 and then studied at the University of Pennsylvania. Hes the first person with an equity stake in the five biggest US professional sports leagues. At the time of this writing, Blitzer owns stakes in a slew of high-profile professional sports franchises. With the demand for digital media ascending, pro sports audiences going global, and the number of franchises staying mostly stagnant, Blitz saw an opening in the market and seized it. Jeff Mallett, principal partner of the San Francisco Giants and chairman and co-owner of the Vancouver Whitecaps, added:Gametime makes it extraordinarily fast and easy to connect fans with events. Scott previously worked at TSA Capital Management, where he was a portfolio manager responsible for global asset allocation. Tac Opps is Blackstones opportunistic investment business which invests globally across asset classes and industries to generate attractive risk-adjusted returns in any market environment. 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. The new investors join the Raine Group, Brett Jefferson Holdings, Creative Artists Agency (CAA), Bolt Ventures, Chernin Group, Harris Blitzer Sports Entertainment and Blum Capital, all of. A good investment for the future. [8] In 2014, Blitzer partnered led a investment group that purchased a 50% stake in the Scranton/Wilkes-Barre RailRiders, the Triple-A affiliate of the New York Yankees of Major League Baseball (MLB);[9][10] In 2015, Blitzer bought an 18% stake in Crystal Palace F.C. To view recent press releases, click here. Billionaire Joe Tsai, Billie Jean King Back Just Women's Sports The commercial register shows that Bolt Football Holdings has invested 5.5 million in FC Augsburg. Matters for Bolt Ventures, an entity led by David Blitzer, in connection with its investments in Harris Blitzer Sports & Entertainment (HBSE) Ken has been recognized by The Legal 500 for his work in private equity buyouts. The company's . A similar spike has been seen in his investment in the Devils, bought for $320 million in 2013 and now valued at $775 million. David Blitzer has made 11 investments. [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. David Blitzer & Smith Entertainment Group to Purchase Real Salt Lake phidsmith. [17] He purchased a 25 percent stake of the MLB's Cleveland Guardians later that year, with an option to purchase majority ownership after six years. Scott is a founding partner of Harkness Capital. However, this was cancelled due to the Corona pandemic. David Blitzer and Jeff Mallet become investors in latest round. David Shields. Needless to say, the future of Major League Soccer will be assisted by proven leadership as Blitzer recently teamed up with Utah Jazz governor Ryan Smith to become co-owners of Real Salt Lake. By combining his business management experience and relationship equity, Blitzer continues to leverage his learnings and his connections to develop new business. Prior to launching Tac Opps, Mr.Blitzerhad been involved in the execution of Blackstone investments across a variety of asset classes, including establishing and leading Blackstones European private equity business. Already, Blitzer is being named as a contender to purchase a minority stake in the MLBs now-rebranded Cleveland Guardians. Get on our list for weekly sports business, industry trends, interviews, and more. The latter reduced their shares to enable Blitzer and his company to enter the market. On top of leading the Tac Opps team, he is also a member of Blackstones Management and Operating Committees. 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 Scott Blitzer (born September 7, 1969) is an American private equity investor. He is the Co-Founder of Harris Blitzer Sports & Entertainment, which bought the team in 2011. Otherwise, we will assume you're OK to continue. September 16, 2020 12:29 PM EDT. 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. Seitzstrae 8e The American group is led by David Blitzer, Jahm Najafi and Jeff Moorad and enjoys a portfolio that spans stakes in Premier League club Crystal Palace, NBA teams Philadelphia 76ers, and the Phoenix Suns and the New Jersey Devils in the National Hockey League, among others. Headquartered in Camden, New Jersey, it was founded on September 25, 2017, by private equity investors Josh Harris and David Blitzer . According to Forbes, the Sixers are now worth $2.5 billion. 76ers' Owner Josh Harris is Bouncing Back This Week. This is certainly also an important point for the club, which stands for tradition. VP, VP, Finance. His friendship with Hofmann should have given him good insights into the club. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. 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. 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. Behind Bolt Football Holdings is David Blitzer, who thus becomes a business partner of Klaus Hofmann, the clubs president. The exchange with North American professional clubs around know-how is also an opportunity for the club. Bolt is a pre-seed venture firm investing where the digital and physical world intersect. JWS first quarter revenue in 2022 was 4x its revenue from Q1 2021, and the company is on pace to triple its Q1 2022 revenue in Q2. Since joining Blackstone in 1991, David Blitzer has been involved in the execution of Blackstones investments in Spirit Group.

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