David Blitzer – Global Head of Tactical Opportunities at Blackstone

0
21
David Blitzer – Global Head of Tactical Opportunities at Blackstone image 0

David Blitzer is the Global Head of the Tactical Opportunities group at Blackstone. This team invests across a variety of industries and asset classes, delivering an average realized return of 1.8x since 2001. The investment group’s performance has been well-received by investors. Blitzer has a background in football, having played in high school and college. He also has an interest in soccer, and plans to own an association football club in the future.

Marc J. Leder

A native of Scotch Plains, New Jersey, David Blitzer grew up to attend the University of Pennsylvania. After graduation, he joined the Blackstone Group as Senior Managing Director and Head of Tactical Opportunities. In 2011, he made his first investment: paying $320 million for the New Jersey Devils. He later joined forces with fellow Penn alumnus Joshua Harris to purchase the Prudential Arena, and the two went on to form the Harris & Blitzer Sports Entertainment group.

In 2011, Leder was named Honorary Fellow of the Art for Life Awards, which honors philanthropic efforts and professional accomplishments. His foundation, the Marc J. Leder Foundation, operates as a non-profit corporation in Boca Raton, Florida. He also funds the Sun Capital Partners Foundation and awards grants to the University of Pennsylvania. In 2013, Leder received a leadership award from M&A Advisor.

Joshua Harris

If you’re looking for some background on the people who own the Philadelphia 76ers, it’s worth taking a look at the bios of two of the company’s executives. Blitzer is a senior executive at Blackstone and is described as “head of tactical opportunities.” He is also a director at the United Biscuits company, which owns the McVitie’s, Jacob’s, Twiglets and Jack Wolfskin. He was involved in the formation of the Philadelphia 76ers in 2001 and served as its CEO until 2007.

Josh Harris is a billionaire American investor and philanthropist. He co-founded Apollo Global Management, the world’s largest alternative investment firm. He is also the principle owner of the New Jersey Devils and Philadelphia 76ers and the General Partner of the Crystal Palace Football Club in the Premier League. Blitzer also has an interest in the New York Mets and the New York Knicks.

David Blitzer

David Blitzer is an American businessman. He is the co-managing partner of the New Jersey Devils of the National Hockey League (NHL). He also owns minority stakes in the Philadelphia 76ers and the Cleveland Guardians of Peace of the NBA. David S. Blitzer is a co-managing partner of the New Jersey Devils. He is also a minority owner of the New Jersey Nets, the Cleveland Cavaliers, and the San Francisco Giants in Major League Baseball.

David Blitzer – Global Head of Tactical Opportunities at Blackstone image 1

While serving as Blackstone’s Global Head of Tactical Opportunities, Blitzer aims to make sure that his investment portfolio is diversified and provides the best returns for investors. He has a diverse background, and has worked in the financial industry and in private equity, including investment banking. Blitzer has also owned minority stakes in the Philadelphia 76ers, the Toronto Raptors, and the New York Knicks.

Harris Blitzer Sports & Entertainment

A dynamic company is in the process of changing leadership at Harris-Blitzer Sports & Entertainment, a parent company of the NBA’s Philadelphia 76ers, NFL’s New York Giants, NHL’s New Jersey Devils, and Prudential Center. In a recent move, Harris-Blitzer Sports & Entertainment appointed David Gould as its new Chief Diversity and Impact Officer. However, it is unclear when Blitzer will take the reins.

David S. Blitzer is an American businessman who founded Blackstone Group, an investment group, and the company’s European arm. The two partners began working together in 2001, when they were both thirty-one years old, and worked their way up to become senior managing directors of Blackstone. David Blitzer is a sports fan, and once stated that it would be “cool” to own a sports team.

Philadelphia 76ers

David Blaitzer is a minority owner of the Philadelphia 76ers and a co-managing partner of the New Jersey Devils in the NHL. He is also a minority owner of the Cleveland Guardians of Peace in the NBA. His business interests are vast. The 76ers are a part of the NBA’s Eastern Conference, and he is expected to increase his ownership of the team next year.

Blitzer is married with five children. He has been a buy-side M&A advisor for a few years and was part of the team’s acquisition from Comcast Spectacor. He is also a physician, specializing in urology. The Philadelphia 76ers are a part of Blitzer’s portfolio, as is the owner of the New Jersey Devils. Blitzer is also nearing a deal to acquire a significant minority stake in the Cleveland Guardians.

DRK-Bundesverband

The former president of the Dallas Mavericks and the San Francisco Giants has become a frequent guest on television and in the press. Blackstone has a history of making investments in the sports industry, including the recent purchase of Moonbug Entertainment Ltd., the company behind several popular children’s channels on YouTube. In addition to his role as CEO of Blackstone, Blitzer also serves as the Global Head of Tac Opps, Blackstone’s opportunistic investment group. Blackstone’s Tac Opps team invests in diverse asset classes and industries around the world, and it has been credited with delivering realized returns of 1.8x.

David Blitzer – Global Head of Tactical Opportunities at Blackstone image 2

In addition to owning the Philadelphia 76ers and the Pittsburgh Steelers, Blitzer has stakes in multiple futbol teams. His interests extend to Minor League Baseball and e-sports. In the United States, Blitzer owns a majority stake in four soccer clubs, including the New York Red Bulls and Philadelphia 76ers. While Blitzer’s sports empire spans more than one country, he is known to be a highly successful businessman.

Net worth

David Blitzer is a billionaire investor who owns stakes in various sports teams. He is the Senior Managing Director and Head of Tactical Opportunities at Blackstone Group. He has a wealth of knowledge about various markets and has worked in many different capacities within the company. Blitzer has been involved in various industries and has earned the trust of clients across different sectors. In 1991, he started his career in New York City. The company quickly began to invest in sports teams and he rose to become one of the most important figures in the company. He now runs an organization with his wife, which provides opportunities for children.

Blitzer has a net worth of $1.3 billion. He built his wealth as a private equity investor through investments in a variety of businesses, including sports franchises. The billionaire was born in Scotch Plains, New Jersey, and graduated with honors from the University of Pennsylvania. He hasn’t mentioned much about his family, but is married to Allison Ross, a Jewish woman.

Height

David Blaitzer Blackstone’s height is unknown, but he is well-known as a successful businessman. His career started with the Blackstone Group, and he has since progressed to several positions within the company. David graduated from Scotch Plains-Fanwood High School in 1987 and later attended the University of Pennsylvania. He is currently the Senior Managing Director of the firm and is responsible for tactical opportunities.

Blitzer is also an owner of NBA and NHL franchises. He is also the global head of the Blackstone Group’s Tactical Opportunities group, which invests across industries and asset classes, seeking attractive returns in any market environment. The company has stakes in numerous professional sports teams, and Blitzer co-directs the Blitzer Family Foundation with his wife. He is a minority owner of the New Jersey Devils.

Weight

Blitzer’s weight and height are not known, but he stands an average height. His height is not available, but he does appear to be tall in pictures. Blitzer graduated from Scotch Plains-Fanwood High School in 1987 and the University of Pennsylvania in 1991. He has a large fan following and remains highly engaged with his followers. He is a senior executive of the Blackstone Group.

As Global Head of Blackstone’s Tactical Opportunities group, Blitzer is a member of the firm’s management committee. His team invests globally in varying asset classes and industry sectors. The group has produced realized returns of 1.8x. Blitzer has a proven track record of picking winners in a variety of asset classes. His background includes hedge funds and investment banking. His career spans more than 30 years.