Two veteran sports execs launch firm aiming to invest up to $50M in early-stage companies

September 22, 2022 | CNBC

After watching the sports and media ecosystem evolve in technology, analytics, and intellectual property, David Abrams and Arne Rees joined forces to launch Velocity Capital Management. Two renown sports executives join forces to launch an investment investing $50 million in early-stage companies with enterprise values of up to $2 billion. Closing its first investment in Camp NYC, Velocity Capital Management has received investment capital from a variety of sources including Delaware North and the family office of Apollo Global Management co-founder Mark Rowan. 

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