SULO, Allied Waste, Aspen Insurance Holdings, Houghton Mifflin, Universal Orlando, Centerplate, Cadillac Fairview, Edward J. DeBartolo Corporation, Southern Cross, NHP, Orangina, and United Biscuits. However, this was cancelled due to the Corona pandemic. Blitzer was born on September 7, 1969, in Scotch Plains, New Jersey. In the following, you will find everything you need to know about the big deal in the Fuggerstadt. Two shareholders left the company completely: MAJA Vermgensverwaltungsgesellschaft and MHM Group. Hofmann Investoren GmbH holds 99.4 percent of the shares in FC Augsburg GmbH und Co. KGaA. 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. Returning investors in JWS include Will Ventures, Kevin Durant and Rich Kleimans Thirty Five Ventures, OVO Fund, Supernode Global and Drive by DraftKings. [11][12], In 2017, Blitzer co-founded Harris Blitzer Sports & Entertainment with Harris to consolidate their shared sports ventures. He graduated from the Wharton School in 1991 and joined Blackstone Inc, where he serves as head of their Tactical Opportunities group. Ian Stonebrook is a Staff Writer covering culture, sports, and fashion for Boardroom. If the guy seems to be everywhere, thats because he is. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. [4][5] Other notable members of the investment group were Art Wrubel, Jason Levien, Adam Aron, Martin J. Geller, David B. Heller, James Lassiter, Marc J. Leder, Michael G. Rubin, Will Smith, Jada Pinkett Smith, and Erick Thohir. Gametime, an aggregated ticketing marketplace which is designed for last-minute buyers, confirmed it has now generated more than US$1 billion of sales since its launch, with its growth accelerating. 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. ticketing revenue for music and sporting events alone could reach US, globally in 2022, a 142 per cent growth from five years ago and a 443 per cent increase over 2020 when the pandemic halted events for almost nine months, dropping industry revenue to just US. [1] He is a supporter of Hillel, which focuses on encouraging Jewish undergraduate and graduate students to embrace their Jewish heritage. . At the time of this writing, Blitzer owns stakes in a slew of high-profile professional sports franchises. He is also involved in the Tac Opps Investment Committee. To date, the company has worked with more than 20 of the worlds biggest brands, including Nike, Puma, Under Armour, Heineken, Cisco and DICKs Sporting Goods. 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. 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. Scott holds a B.S., cum laude, from The Wharton School of the University of Pennsylvania and has earned the Chartered Financial Analyst designation. Prior to signing on, Ian spent a decade at Nice Kicks as a writer and editor. If you are having difficulty accessing any content on this website, please visit our Accessibility page. 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 US-based company now holds 45 percent of the shares, while Hofmann itself holds 30.56 percent. According to Forbes, the Sixers are now worth $2.5 billion. 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. Enjoying SportsPro content? [20][21] He is married to Allison (ne Ross) Blitzer; they have five children. Because of this, Blackstone is boutique in branding yet still offers impressive integration and scale. 80538 Mnchen 2022 Season Tickets can be purchased at . 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 . Your favorite athletes favorite agent, Sign up for Boardrooms newsletters to get the biggest stories in the business of sports, entertainment, and culture directly in your inbox daily. 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. pic.twitter.com/5bCNPBUI6d, We take pride in hiring the best and brightest talent from a variety of backgrounds and industries with the goal of shaping a well-rounded, dynamic organization, Blitzer toldNBC Sports. To receive email alerts from Blackstone, sign up below. David Blitzer has made 11 investments. This is a question that only Blitzer himself can answer, but he has not yet commented on it. According to Statista, ticketing revenue for music and sporting events alone could reach US$54 billion globally in 2022, a 142 per cent growth from five years ago and a 443 per cent increase over 2020 when the pandemic halted events for almost nine months, dropping industry revenue to just US$12 billion. He is also involved in the Tac Opps Investment Committee. However, his consistent work with Apollo Global Management Co-Founder Joshua Harris led the two partners to form Harris Blitzer Sports & Entertainment, for which Blitz serves as Co-Managing Partner and Co-Chairman. Blackstone, established only six years prior to his arrival, proved fertile ground for Blitzers business acumen to flourish. PHILADELPHIA - SEPT. 16, 2020 - Harris Blitzer Sports & Entertainment (HBSE), a dynamic organization comprised of premier sports and entertainment . 14 years and 15 days old.We've got the youngest Homegrown in @MLS history. [16] In 2022, Blitzer partnered with Ryan Smith to purchase Real Salt Lake of Major League Soccer. [1] He graduated magna cum laude from the Wharton School of the University of Pennsylvania in 1991 and joined Blackstone Inc, where he currently serves as the head of their Tactical Opportunities group and a member of their management committee. He graduated from Scotch Plains-Fanwood High School in 1987. 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. What is the story of the payment company Worldline? JWS has likewise tripled its total audience in the last year while growing its staff from four to 25. [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. For press inquiries, contact [emailprotected]. David Abrams and Arne Rees have launched Velocity Capital Management, an investment fund focusing on the intersection of sports, media and entertainment. 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. Find Just Womens Sports online, subscribe to the newsletter, and follow on Instagram, TikTok, Twitter, Snapchat, and YouTube. 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. With his Bolt Group, he is seizing every opportunity to generate more significance in the sport. [18][19], Blitzer is Jewish. Things are generally rather quiet at FC Augsburg but then the latest news has generated nationwide interest in the world of soccer: David Blitzer, an investor from the USA, is joining the club, which plays in the Bundesliga. Last year, Abrams helped facilitate the merger between HBSE's Dignitas and Clutch Gaming to form a new esports . Our strategy is focused on acquiring significant shareholdings in companies, with the objective of increasing long-term shareholder value. 76ers' Owner Josh Harris is Bouncing Back This Week. Private equity investors from Switzerland. On the fan side, its one of the most important times in history to make it easier for people to connect with friends, families and communities.. During Blitzers time on campus, Wharton became thefirst business school to form an International Executive Advisory Board; the scools ability to generate and execute big ideas both domestically and abroad was a fitting primer for what Blitzer was about to do himself. 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. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. Europe, Menlo Park, China), Where the person is located (e.g. Biography. In financially difficult times, the deal also brings security to a club that always has to manage well. #NJDevils owners Josh Harris and David Blitzer announced today the formation of Harris Blitzer Sports & Entertainment (HBSE). I dont know what that means but my sense is therell be benefits.. The Blitzer Family Foundations ongoing mission is to strengthen communities by assisting young people in reaching their full potential. Currently, Blitzer serves as the Global Head of Blackstones Tactical Opportunities group. Mr. Blitzer and his wife, Allison, founded the Blitzer Family Foundation, which supports positive youth development by creating opportunities centered around education, athletics, health and wellness. Team owners see opportunities to expand the market and future proof the industry with Gametimes younger audience as season ticket holders age. He is a Co-Founder and serves as Managing Partner at Harris Blitzer Sports & Entertainment. He joined the firm in 1991. The firms new AI Fund will invest in AI companies building machine learning models trained on large data sets. For office-specific contact information, please visit our our offices page. David Blitzer graduated magna cum laude from the Wharton School of the University of Pennsylvania. Beyond Sports transforms real match data into a virtual reality simulation which helps pro-teams improve insights and training methods. Do a Google Image search for David Blitzer and youll see his likeness in front of some of the most recognizable logos in sports. Keemotion is is the automated production solution connecting the arena for coaches, leagues, and fans. Find More Contacts for Bolt. By submitting this request, you consent to receive email from Blackstone. The company's filing status is listed as Active and its File Number is 5715498. In return, the company receives 45 percent of the shares, which are available around the FCA in a spun-off corporation. Above all, the Fuggerstdter can expect greater and new economic opportunities that go hand in hand with such a globally active company.
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