David Abrams – Sports Ecosystem Investing at Velocity (Capital Allocators, EP. 303)

Capital Allocators – Inside the Institutional Investment Industry

Ted Seides – Allocator and Asset Management Expert

Investing, Capitalallocation, Business

4.8 • 806 Ratings

🗓️ 23 March 2023

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This sponsored insight features David Abrams, Founding Partner of Velocity Capital Management. Velocity is a newly formed firm that focuses on investing with founders to build best-in-class sports, media, and entertainment companies.

Our conversation covers David’s background, long experience in distressed investing on Wall Street and at Apollo, and personal investments in sports-related businesses that led to serving at CIO of Harris Blitzer Sports & Entertainment. We then turn to the formation of Velocity, the firm’s focus, deal sourcing, diligence process, value-added ownership, and example of its investment in the X-Games.

For full show notes, visit the episode webpage here.

Learn More

Follow Ted on Twitter at @tseides or LinkedIn

Subscribe to the mailing list

Access Transcript with Premium Membership

Transcript

Click on a timestamp to play from that location

0:00.0	Hello, I'm Ted Sides, and this is Capital Allocators.
0:10.2	This show is an open exploration of the people and process behind capital allocation.
0:16.3	Through conversations with leaders in the money game, we learn how these holders of the keys to the
0:21.8	kingdom allocate their time and their capital. You can join our mailing list and access premium
0:27.8	content at capital allocators.com. All opinions expressed by TED and podcast guests are
0:35.0	solely their own opinions and do not reflect the opinion of capital
0:37.7	allocators or their firms. This podcast is for informational purposes only and should not be relied
0:42.2	upon as a basis for investment decisions. Clients of capital allocators or podcast guests may
0:47.2	maintain positions and securities discussed on this podcast. My guest on today's sponsor
0:53.1	insight is David Abrams, the founding partner of Velocity Capital Management.
0:59.3	Velocity is a newly formed firm that focuses on investing with founders to build best-in-class sports, media, and entertainment companies.
1:09.0	Our conversation covers David's background, long experience in distressed investing on Wall
1:13.9	Street and at Apollo, and personal investments in sports-related businesses that led to serving
1:19.3	as chief investment officer of Harris Blitzer Sports and Entertainment.
1:23.6	We then turned to the formation of velocity, the firm's focus, deal sourcing, diligence process,
1:30.6	value-added ownership, and example of its investment in the X-Games.
1:35.9	Please enjoy my conversation with David Abrams.
1:41.2	David, great to see you.
1:42.9	Ted, good morning.
1:44.4	Why don't you take me back to your early days getting into the financial world?
1:50.0	Wow.
1:50.9	Late 80s, pretty much a different world.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ted Seides – Allocator and Asset Management Expert, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ted Seides – Allocator and Asset Management Expert and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.