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==Early Life== | ==Early Life== | ||
Jim was born in 1958 in Boston to Angela |
Jim was born in 1958 in Boston to Angela Antoinetta Di Giacomo from Canosa, Apulia and her husband James Pallotta from Calabria. Along with sisters Carla and Christine Pallotta, Jim was raised in Boston’s Italian North End Neighborhood. Carla and Christine own and operate in Boston’s Financial District. | ||
Jim received his B.A. at University of Massachusetts – Amherst and received his M.B.A. at Northeastern University. | Jim received his B.A. at University of Massachusetts – Amherst and received his M.B.A. at Northeastern University. |
Revision as of 23:35, 21 October 2016
James J. Pallotta | |
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Born | James Joseph Pallotta (1958-03-13) March 13, 1958 (age 66) Boston, Massachusetts, United States |
Nationality | American |
Alma mater | University Of Massachusetts - Amherst (B.A.) Northeastern University (M.B.A.) |
Occupation | Founder & Chairman |
Known for | Founder, Chairman & Managing Director of Raptor Group Owner & President of Roma Vice Chairman of Tudor Investment Corporation Owner & Board Member of Boston Celtics |
Spouse | Kimberly Pallotta |
Parent(s) | James R. Pallotta Angelina Pallotta |
James “Jim” Pallotta (born March 13, 1958) is a billionaire American businessman and entrepreneur. In 2009, Jim founded Raptor Group, a private investment company. Prior to forming Raptor, Jim served as Vice Chairman at Tudor Investment Corporation where he had responsibility for over $12B in long/short equities and pioneered Tudor's venture capital program and Tudor’s outside managers’ seeding business. Additionally, Jim is the President and Chairman of the Italian football club A.S. Roma; Co-Owner and Executive Board Member of the National Basketball Association’s Boston Celtics, and Co-Owner of top-ranked eSports franchise Fnatic.
Early Life
Jim was born in 1958 in Boston to Angela Antoinetta Di Giacomo from Canosa, Apulia and her husband James Pallotta from Calabria. Along with sisters Carla and Christine Pallotta, Jim was raised in Boston’s Italian North End Neighborhood. Carla and Christine own and operate Nebo Cucina & Enoteca in Boston’s Financial District.
Jim received his B.A. at University of Massachusetts – Amherst and received his M.B.A. at Northeastern University.
Background
Essex Management
Jim joined Essex Management in Boston, MA in 1987 where he would rise to Senior Vice President, Director of Research and Member of the Board of Directors.
Tudor Investment Corporation
In 1993 Jim joined Tudor Investment Corporation where he served as Vice Chairman and was responsible for Managing Tudor’s long/short U.S. equity strategy. While at Tudor, Jim grew the long/short U.S. equity from $200M to over $12B assets under management. Additionally, Jim oversaw Tudor’s growth equity and venture capital investment platform and Tudor’s external manager seeing operation which successfully seeded New York City-based Two Sigma Investments. Two Sigma is a systematic investment manager focused on applying cutting-edge technology and methodology including Artificial Intelligence, Machine Learning and Distributed Computing to the data-rich world of finance.
Raptor Group Holdings
In 2009, Jim founded Raptor Group, a private investment company with offices in Boston, MA; New York, NY; Miami, FL; London, England; and Abu Dhabi, UAE. Raptor focuses on maintaining a culture that is entrepreneurial, opportunistic, flexible and nimble with a focus on investing in companies across various stages and asset classes, ranging from early stage venture to both private and public equity. Raptor focuses on various industries including, but not limited to: Sports, Consumer, Technology, Media, Entertainment, and Financial Services. The firm seeks to leverage operating and strategic expertise and an extensive global network to add value and drive results.
Representative Investments
Technology:
Raptor has invested in certain attractive opportunities in the technology sector including Uber, Fancy, AirBnb, Spotify, Snapchat, Wish, Meta AR, Zoox, Hyperloop, Planet Labs, Bluefin Labs, General Assembly, Magnetic, PlaceIQ and the Digital Currency Initiative at the MIT Media Lab.
Sports & Media:
Raptor’s Sports & Media investments include interests in AS Roma where Jim is the President and Chairman, Boston Celtics, Fnatic, Sports Rocket, and Fan Manager.
Financial Services:
Jim has leveraged his extensive experience and success in Financial Services, to invest in Potamus Trading, Sharenett, Anthemis Group, Phase Capital, WeFunder, Ion Pacific, and Moven.
Consumer:
Raptor’s investments in the Consumer sector include interests in Blue Bottle Coffee, Spartan Race, Beautycon, Nic+Zoe, Narragansett Beer, FIGS, and Julep.
Board Affiliations
Jim maintains active involvement with the executive boards for various non-profit and for-profit organizations:
• Boston Celtics
• AS Roma
• The Children’s Hospital Trust
• Institute of Contemporary Art
• MIT Media Lab
• Northeastern University
• Berklee College of Music
• New Profit, Inc.
• Year Up, Inc.
• The Buonconti Fund
• Bedrocket Media Ventures LLC
• The Fancy
• SquashBusters
• Banner Seventeen LLC
Philanthropy
Despite his desire to remain anonymous, Jim’s philanthropic contributions remain well-known and he is an active supporter of charitable organizations including Big Brothers Big Sisters of Massachusetts Bay, The Children’s Hospital, Boys and Girls Club, Institute of Contemporary Art, Love Lane, Year Up, Inc., New Profit, Inc., Italian Home for Children, the Digital Currency Initiative at the MIT Media Lab, and SquashBusters.
References
- "ASSEMBLEA STRAORDINARIA DEGLI AZIONISTI" (PDF) (Press release). A.S. Roma. Retrieved 20 September 2014.