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David Blitzer and Blackstone-backed group snaps up Indian cricket franchise for $1.8 billion
David Blitzer
David Scott Blitzer, David S. Blitzer
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Who is this?
David Scott Blitzer (born September 7, 1969) is an American investor and sports team owner. Blitzer is the chairman of the private equity firm Blackstone's tactical opportunities division and managing partner of the New Jersey Devils ice hockey team and the Philadelphia 76ers basketball team. He additionally owns several association football clubs under Global Football Holdings and holds minority stakes in the Cleveland Guardians baseball team and the Washington Commanders American football team. Blitzer is the first person to own team equity in the five major professional sports leagues of the U.S. Blitzer graduated from the Wharton School of the University of Pennsylvania. He joined Blackstone in 1991, where he served as the firm's global head of tactical opportunities from 2012 until transitioning to chairman in 2024. He and Apollo Global Management co-founder Josh Harris are frequent partners, with the pair entering sports business together in 2011 and establishing Harris Blitzer Sports & Entertainment in 2017. Blitzer has an estimated net worth of $3.6 billion as of 2026.
Career
- 1969Born
- 2025Won FA Cup trophy
Trivia
- •Place of birth: Scotch Plains
- •Citizenship: United States
- •Known as: financier, investor, sports team owner
What happened recently
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David Blitzer Expands Sports Empire with Strategic Investment in Golf’s Next Generation
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Ex-Blackstone pair team up again with David Blitzer, seal $400m debut 154 Partners fundraise close
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Marc Lasry, David Blitzer and Yao Ming Among Global Investors Joining Joe Tsai to Back AUBL’s Series A Funding to Build Asia’s College Hoops Future
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Blitzer's Bolt Ventures backs 154 Partners as debut fund closes at $400m hard cap
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Blackstone, David Blitzer bet big on Indian Premier League with $1.8B RCB buy (BX:NYSE)
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Inside the Guardians’ ownership succession plan, and David Blitzer’s path to majority control
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Report: Blitzer eyes majority stake in IPL cricket team, setting up bidding war with Glazer
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Does José Ramírez’s contract reveal David Blitzer’s imminent involvement in Guardians ownership?
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Top Priority or Back Burner Experiment: How Will David Blitzer Run the Cleveland Guardians?
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