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James Pallotta

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James Pallotta
Born (1958-03-13) March 13, 1958 (age 66)
North End, Boston, USA
NationalityAmerican
Alma materNortheastern University (M.B.A.)
University Of Massachusetts (B.B.A.)
OccupationEntrepreneur
Known forPresident of A.S. Roma
SpouseKimberly Pallotta
Parent(s)James R. Pallotta
Angelina Pallotta

James Pallotta (Boston, 13 March 1958), is an American investor and hedge-fund manager and, since August 27, 2012, the president of the Italian football club A.S. Roma. Mr. Pallotta is the Chairman and Managing Director of Raptor Group, a Boston-based investment management firm. In his portfolio management role at Raptor Capital Management LP, he manages individual, institutional and his own personal capital.

In 2005, he had income of about 200 million dollars as Managing Director of Tudor Investment Corporation. Pallotta's net worth has been estimated to be more than a billion dollars. In addition to his investment in A. S. Roma and other investments, Pallotta is a shareholder in the Boston Celtics.

AS Roma

After starting the process of sale of AS Rome, James J. Pallotta, along with three other American investors, Thomas R. DiBenedetto, Michael Ruane and Richard D'Amore, submitted a bid for the acquisition of the club A.S. Roma. The Italian-American manager was already interested in the team following the failure of negotiations with George Soros. On 15 February 2011 Unicredit starts exclusive negotiations with the U.S. consortium.

On 16 April 2011, following the signing of the contracts in Boston, the DiBenedetto group "DiBenedetto AS Roma LLC" became the new majority shareholder of A.S. Roma. Under the agreement, the consortium acquired 67% of Roma club equity, leaving the remaining 33% in the hands of Unicredit, which reserved the right to transfer it to Italian entrepreneurs in the first quarter of 2012. On 27 October 2011 Pallotta officially joined the board of directors of A.S. Roma and the executive committee of the same. Since August 27, 2012, he is the president of the Italian football club A.S. Roma, the 23rd of the club's history after Thomas R. DiBenedetto.

The new company has planned a complete takeover and de-list the company from Borsa Italiana.

References

  1. The 50 Wealthiest Bostonians | Boston Magazine
  2. Roma, il futuro fa rumore ''Scudetto primo obiettivo'' - Repubblica.it
  3. GAZZETTA DELLO SPORT Pallotta, è tua! Tra basket e soccer. La scalata di mister James per fare grande la Roma | gazzettagiallorossa.it

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