How a Blackstone exec built a sports investing empire

David Blitzer is the first person to own equity in all five major men's sports leagues in the US.

Jared Siskin/Patrick McMullan via Getty Images

• David Blitzer said major sports teams are great investments, with dramatically increasing demand.
• The Blackstone exec is the first person to own equity in all five major men's sports leagues in the US.
• Blitzer says sports businesses "have some of the best IP in the world."

David Blitzer's interest in sports investing began after he became...