Jump to content

James Pallotta

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Serols (talk | contribs) at 09:05, 24 May 2020 (Reverted edits by 116.206.8.8 (talk) (HG) (3.4.9)). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

James Pallotta
Born
James Joseph Pallotta[1]

(1958-03-13) March 13, 1958 (age 66)
Stoneham, Massachusetts, U.S.
NationalityAmerican
Alma materUniversity Of Massachusetts
(B.B.A.),
Northeastern University
(M.B.A.).
Occupations
  • businessman
  • private investor
Known forChairman and managing director, Raptor Group[2]
Partner at Tudor Investment Corporation[3]
Chairman & Major shareholder of A.S. Roma
Shareholder of Boston Basketball Partners[4]

James Joseph Pallotta (born March 13, 1958) is an American billionaire businessman.[6] In 2009, he founded Raptor Group, a private investment company.[7] Prior to forming Raptor, Pallotta was vice chairman at Tudor Investment Corporation. He is co-owner and chairman of the Italian football club A.S. Roma; co-owner and executive board member of the National Basketball Association's Boston Celtics,[8] and co-owner of esports franchise Fnatic.[9]

Early life

Pallotta was born in 1958 in Boston to a mother from Canosa di Puglia, Apulia and a father from Calabria, Italy. Along with sisters Carla and Christine Pallotta, he was raised in Boston's Italian north end neighborhood. His sisters own and operate NEBO Cucina & Enoteca in Boston's financial district.[10] Pallotta earned an BA at University of Massachusetts Amherst and an MBA at Northeastern University.[citation needed]

Professional background

Raptor Group

Pallotta founded Raptor Group, a private investment company with offices in Boston, New York City, Miami, London, and Abu Dhabi. Raptor focuses on various industries including sports, consumer, technology, media, entertainment, and financial services.[citation needed]

A.S. Roma

Pallotta, along with three other American investors (Thomas R. DiBenedetto, Michael Ruane and Richard D'Amore) acquired Serie A football club A.S. Roma in 2011.[11]

In August 2012, Pallotta became the chairman of club, succeeding Thomas R. DiBenedetto, and becoming the 23rd in the club's history.[12]

In December 2019, Pallotta was in final negotiations to sell the team for $872 million, to US businessman Dan Friedkin. [13]

Tudor Investment Corporation

Prior to Raptor Group, Pallotta was a vice chairman and partner at Tudor Investment Corporation.

Initiatives

Pallotta is a member of the board of trustees for the Santa Fe Institute[14] and the Board of Trustees for Northeastern University[15]. Pallotta serves on the Board of Directors for New Profit Inc.[16] as well as the Board of Advisors for Tulco, LLC.[17] He is also a member of the Advisory Council for the MIT Media Lab[18] and the External Advisory Committee for the Center for Brains, Minds and Machines (CBMM) at MIT.[19]

References

  1. ^ "ASSEMBLEA STRAORDINARIA DEGLI AZIONISTI" (PDF) (Press release). A.S. Roma. March 1, 2014. Archived from the original (PDF) on August 20, 2014. Retrieved September 20, 2014.
  2. ^ "Archived copy". Archived from the original on September 23, 2018. Retrieved September 23, 2018.{{cite web}}: CS1 maint: archived copy as title (link)
  3. ^ "Bloomberg - Are you a robot?". www.bloomberg.com. Retrieved June 19, 2019. {{cite web}}: Cite uses generic title (help)
  4. ^ http://publogix.com/e/1617-bcyb/#/ Archived May 25, 2017, at the Wayback Machine Boston Celtics 2016–17 Year Book
  5. ^ "AffluenceIQ 50 Richest in Massachusetts". www.affluenceiq.com. Archived from the original on September 23, 2018. Retrieved June 19, 2019.
  6. ^ "The 50 Wealthiest Bostonians". Boston Magazine. May 15, 2006. Archived from the original on November 28, 2016. Retrieved November 11, 2016.
  7. ^ "James Pallotta - Founder @ Raptor Ventures | crunchbase". www.crunchbase.com. Archived from the original on November 12, 2016. Retrieved November 11, 2016.
  8. ^ Straus, Brian. "Brian Straus: American Pallotta out to turn AS Roma into a 21st-century empire". SI.com. Archived from the original on November 12, 2016. Retrieved November 11, 2016.
  9. ^ Heitner, Darren (April 10, 2017). "Fnatic Esports Brand Receives Over $7 Million In Financing". Forbes. Archived from the original on December 9, 2017. Retrieved December 8, 2017.
  10. ^ Blumenthal, Rachel Leah (January 18, 2013). "Nebo Owners Carla and Christine Pallotta". Eater Boston. Archived from the original on November 4, 2016. Retrieved November 3, 2016.
  11. ^ "Roma's new owner reveals broad plans". Archived from the original on January 18, 2017. Retrieved January 13, 2017.
  12. ^ - (August 28, 2012). "GAZZETTA DELLO SPORT Pallotta, è tua! Tra basket e soccer. La scalata di mister James per fare grande la Roma". gazzettagiallorossa.it. Archived from the original on April 1, 2019. Retrieved June 19, 2019. {{cite web}}: |last= has numeric name (help)
  13. ^ "U.S. Billionaire Nears Purchase of AS Roma Soccer Club". Bloomberg L.P. December 29, 2019. Retrieved December 31, 2019.
  14. ^ Marshall, Jenna. "Manager of Communications". Santa Fe Institute.
  15. ^ "Members of the Board of Trustees". Northeastern University. Archived from the original on January 23, 2018. Retrieved January 22, 2018.
  16. ^ "New Profit Leadership Team". New Profit. Archived from the original on December 28, 2017. Retrieved January 22, 2018.
  17. ^ "Team". Tulco. Archived from the original on January 23, 2018. Retrieved January 22, 2018.
  18. ^ "Advisory Council". MIT Media Lab.
  19. ^ "External Advisory Committee". CBMM External Advisory Committee. Archived from the original on November 24, 2017. Retrieved December 8, 2017.
Retrieved from "https://en.wikipedia.org/w/index.php?title=James_Pallotta&oldid=958528178"