bolt ventures david blitzer bolt ventures david blitzer
David Blitzer is based in New York, having established Blackstones corporate private equity investment efforts in Europe. David Abrams and Arne Rees have launched Velocity Capital Management, an investment fund focusing on the intersection of sports, media and entertainment. Mr.Blitzeris based in New York and graduated magna cum laude from the Wharton School of the University of Pennsylvania. 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. We spend a lot of time looking around corners, Blitzer told Bloomberg in 2019. Blitzer, on the other hand, saw these franchises essentially as content companies and scarce assets. We are independently minded and lead the first round of financing in over 90% of our investments. They join previous athlete investorsKelley OHara, Elena Delle Donne, Hilary Knight,Arike OgunbowaleandSam Mewis. Subscribe to our newsletter to get the latest news when it matters most. Contact Information Website www.boltventures.com.br Formerly Known As Mountain of Brazil Year Founded 2012 Investor Status Actively Seeking New Investments Primary Investor Type 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. The commercial register shows that Bolt Football Holdings has invested 5.5 million in FC Augsburg. David Blitzer, part-owner of the Philadelphia 76ers and New Jersey Devils, is nearing a deal to acquire a significant minority stake in the Cleveland Guardians, according to multiple people. JWS previously raised $3.5 million in May 2021. Home Just Womens Sports Raises $6M in Funding, REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS. Additionally, he is a General Partner of the Crystal Palace Football Club. The final reason for Blitzer might simply be his hobby of investing in various sports clubs in the U.S. and Europe. There are changes on the supervisory board of the KGaA surrounding FC Augsburg following Blitzers entry. 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. 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. 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. 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. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Two shareholders left the company completely: MAJA Vermgensverwaltungsgesellschaft and MHM Group. From its inception, Just Womens Sports has prioritized supporting and partnering with the athlete community. Bolt Ventures Sep 2021 - Dec 20221 year 4 months New York, New York, United States Head of Family Office Oak Hill Advisors, L.P. Aug 2014 - Dec 20228 years 5 months Greater New York City Area. Forever a fan, always a lifelong learner, Blitzer will continue to take the lessons learned from his wins and losses to emerging markets and new arenas. Their latest investment was Venture Round - Athletes Unlimited on Sep 29, 2022, when Athletes Unlimited raised $30M. When you buy products through Boardroom's links, we may earn an affiliate commission. In financially difficult times, the deal also brings security to a club that always has to manage well. [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. 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. The Daily Deal Newsletter, Just Womens Sports Raises $6M in Funding, Liteboxer Raises $20M in Series A Funding. Mr. David Blitzer serves as Global Head of Tactical Opportunities Group and Member of the Management Committee at Blackstone. Beyond Sports transforms real match data into a virtual reality simulation which helps pro-teams improve insights and training methods. He also leads the Tac Opps Investment Committee. If you are having difficulty accessing any content on this website, please visit our Accessibility page. 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. HBSE owns the NBA's Philadelphia 76ers, the NHL's New Jersey Devils, and esports organization Dignitas. 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. | Terms & Conditions This latest round of funding gives us the resources to cement our status as the leading platform in the space.. Switchboard:+1 (212) 583-5000. Do a Google Image search for David Blitzer and youll see his likeness in front of some of the most recognizable logos in sports. [20][22] His net worth was estimated by Forbes to be $1.9 billion in April 2023. Private equity investors from Switzerland are also important in the global investment markets. With Josh Harris, Blitzer is also a partner in Harris. 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. The round was led by Blue Pool Capital, Joe Tsai's family office, with participation from Billie Jean King, Michele Kang, Bolt Ventures, David Blitzer, SC Holdings, Revolution's Rise of the Rest. Seitzstrae 8e But what does Blitzer plan to do with FCA and how could the structures and approaches at the club now change? By August of 2019 . Charismatic and curious, hes the type of guy youd love to talk to and clearly the type of person who listens. Scott previously worked at TSA Capital Management, where he was a portfolio manager responsible for global asset allocation. Our strategy is focused on acquiring significant shareholdings in companies, with the objective of increasing long-term shareholder value. Switchboard: +1 (212) 583-5000. JWS has likewise tripled its total audience in the last year while growing its staff from four to 25. The fund aims to buy into growth-stage companies with strong business fundamentals and enterprise values up to $2 billion. | Contact [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. Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has participated in, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Money Raised: Amount of money raised in Funding Round, Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Number of news articles that reference the Person, Senior Managing Director and Global Head of Tactical Opportunities, The Action Network is a sports media start-up that builds products and creates content to inform and entertain the sports bettor. 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. | The Blackstone Group 4 years 10 months. 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. David Blitzer has made 11 investments. The company intends to use the funds to continue to expand operations, content offerings and business reach. In the following, you will find everything you need to know about the big deal in the Fuggerstadt. 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. David Blitzer and Jeff Mallet become investors in latest round. If the guy seems to be everywhere, thats because he is. The same applies to the Bolt Group, which will in future consist of only three people: Chairman Stefan Frederking, Thilo Sautter and Jan-Ingwer Callsen-Bracker, a former FC Augsburg professional. Particularly in the USA, FCA has wanted to make its presence felt for some time. The 52-year-old. [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. 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. Behind Bolt Football Holdings is David Blitzer, who thus becomes a business partner of Klaus Hofmann, the club's president. 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 . This is certainly also an important point for the club, which stands for tradition. Luckily I was able to get together with Ryan Smith and his team. Returning investors includeWill Ventures, Kevin Durant and Rich Kleimans Thirty Five Ventures, OVO Fund, Supernode GlobalandDrive by DraftKings. In addition, he served two terms as Chairman of Loan Syndications and Trading Association (LSTA), an industry organization. DavidBlitzeris the Global Head of Blackstones Tactical Opportunities group (Tac Opps), and a member of the firms Management Committee. Harris Blitzer Sports & Entertainment LLC ( HBSE) is an American sports and property management holding company. On top of leading the Tac Opps team, he is also a member of Blackstones Management and Operating Committees. The company is projecting sales to exceed US$500 million in 2022, with ten of Gametimes highest revenue days occurring in 2022. This investment means Gametime can rapidly accelerate our product development and can continue to help teams, leagues and artists rebound from a challenging few years. Marketing and sponsoring on the American market are difficult for small clubs like FCA to implement, but Blitzer and his company will open doors. Blitzer, a U.S. citizen, grew up in Scotch Plains, New Jersey. 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. One keyword here is internationalization. . Having invested in a variety of sports teams, but with soccer teams I have a view that over time there are benefits to that equation. David S. Blitzer is a Senior Managing Director & Head of the Tactical Opportunities group. Vention raised $95,000,000 / Series C from Bain Capital Ventures and 5 other investors .
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