David Blitzer is the Global Head of Blackstone's Tactical Opportunities group (Tac Opps), and a member of the firm's Management Committee. 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. He is based in New York, having established Blackstone's corporate private equity investment efforts in Europe. When selecting investment candidates, Bolt Venture emphasizes, in addition to investment and return criteria, the potential of playing an active role as a shareholder and/or board member. 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. Who is David Blitzer? Our strategy is focused on acquiring significant shareholdings in companies, with the objective of increasing long-term shareholder value. 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. 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. We knew the on-field product was great, and that womens sports just needed better coverage and smarter marketing to truly break into the mainstream. Naturally, much of this knowledge came from his day job at Blackstone. Behind Bolt Football Holdings is David Blitzer, who thus becomes a business partner of Klaus Hofmann, the clubs president. Portions of this site are directed only to persons in certain jurisdictions. Bolt includes on its ownership board Jahm Najafi and Jeff Moorad. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. 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. What is the story of the payment company Worldline? 30 May 2022 Rory Jones News Gametime SHARE THIS ARTICLE Ticketing platform Gametime has generated US$30 million in funding round. 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. What is US investor David Blitzer doing with FC Augsburg? Since joining Blackstone in 1991, David Blitzer has been involved in the execution of Blackstones investments in Spirit Group.