Abrams, Reese Launch Sports-Focused Investment Firm
September 20, 2022 | Front Office Sports
Having closed on its first investment in family experience company Camp NYC, Velocity Capital Management is a firm planning to invest up to $50 million in early-stage companies in the sports, media, and entertainment sectors with enterprise values of up to $2 billion. Industry disruptors David Abrams, a previous partner at Apollo and Arne Rees, former U.S. executive at Sport Radar are investing up to $50 million in early stage companies.