David Abrams

Founding and Managing Partner
Velocity Capital Management

About

David Abrams, the Founder and Managing Partner of Velocity Capital Management, heads a lower middle market Private Equity firm specializing in the sports, entertainment, and media industries. With three decades of experience in principal investing, investment banking, restructuring, and sales and trading, David brings a wealth of expertise to his role. Beyond his financial services career, he is deeply involved as an owner, operator, and investor in professional sports franchises and sports technology companies.

Previously serving as the Chief Investment Officer for Harris Blitzer Sports & Entertainment (HBSE), David oversaw strategic investments in sports and entertainment properties, including the Philadelphia 76ers, the New Jersey Devils, and Crystal Palace F.C. He established and managed HBSE’s Investment Platform, comprising ventures like the Sixers Innovation Lab and sports technology-focused venture capital funds.

During his tenure at Apollo Global Management, David spearheaded the Apollo European Principal Finance Funds, managing assets worth $8 billion. His responsibilities included acquiring distressed debt, real estate, and non-performing loans across multiple countries. Earlier, at Credit Suisse, David played key roles in leveraged finance, specialty finance investments, and distressed sales and trading.

Outside of his professional endeavors, David is engaged in various philanthropic activities and serves on the Board of Directors of Norwegian Cruise Lines. He holds a Bachelor of Science degree in Economics from the Wharton School of Business at the University of Pennsylvania.

Events Associated With:

Event3: MEIS May'2024