New recruits Shane Battier and Jessica Gelman join the sports advisory team at Arctos Management Group
Arctos Sports Partners Expands Operating Advisory Team
In a move to strengthen its expertise in the sports and sports-related businesses, private equity firm Arctos Sports Partners has announced the addition of several new operating advisors.
The latest additions to the team include retired NBA veteran Shane Battier, Chris Grove, co-founder and partner at Acies Investments, and Jessica Gelman, CEO of Kraft Analytics Group.
Shane Battier, known for his successful basketball career and philanthropic work, is the founder and president of the Battier Take Charge Foundation. He also serves as a board member of Yext, a privately held technology company.
Chris Grove, on the other hand, brings extensive experience in the sports betting and gaming industry. Acies Investments, under his leadership, has made 16 investments primarily in sports betting and Latino- and women-focused entertainment.
Jessica Gelman, another new addition to the team, co-founded the MIT Sloan Sports Analytics Conference and currently leads Kraft Analytics Group. The company's clients include notable names such as the NFL, Philadelphia 76ers, Minnesota Timberwolves, Ticketmaster, On Location, and NASCAR.
Arctos Sports Partners, with over $5 billion in assets under management, specializes in sports and sports-related businesses. The firm, known for strategic partnerships and transactions, typically appoints operating advisors with strong industry or operational expertise.
Notable existing operating advisors at Arctos Sports Partners include David Levy, chairman of Genius Sports, and TJ Adeshola, global content partnership head at Twitter. However, the specific details about the newest operating advisors and their professional backgrounds are yet to be announced officially.
Normand Legault, the founder of mergers and acquisition firm GFP1, which primarily deals in pro sports, live entertainment, and communications, was previously a senior advisor to the Canada Pension Plan Investment Board, which manages more than half a trillion dollars of investments.
LeBron James and Maverick Carter are not among the operating advisors at Arctos Sports Partners, but they lead Matthew Berry's Fantasy Life Raise (Related Story).
For the most recent and specific information about Arctos Sports Partners' new operating advisors, it would be best to check directly on their official website or press releases.
- Arctos Sports Partners, with its expansion, has added Shane Battier, Chris Grove, and Jessica Gelman to its operating advisory team, each bringing expertise in sports, sports betting, finance, and sports-related businesses.
- Chris Grove, a new operating advisor at Arctos Sports Partners, has an extensive background in sports betting and gaming, with his firm, Acies Investments, making investments primarily in this sector.
