Raptor Jumps Into Sports Consulting

Jul 11 2011 | 11:05am ET

The Raptor Group has launched a new consulting business focused on sports.

The new company, RaptorAccelerator, has offices in Boston, New York and Austin, Texas, which Raptor founder James Pallotta says could be the next Silicon Valley.

RaptorAccelerator will work with early-stage sports, media, entertainment and content technology companies, as well as in other companies that Raptor invests in. Despite that link, RaptorAccelerator will be run separately from Raptor's hedge funds and other investment activities.

The new company is headed by Mark Pannes and Sean Barror. The former was director of HSBC Private Bank's global sports group and the latter a former sales executive at Madison Square Garden.

"We are delighted to have two of the most successful and highly regarded executives in the field leading this unique advisory firm," Pallotta, a former star manager at Tudor Investment Corp. and a minority owner of basketball's Boston Celtics, said. "With more than 40 years of combined experience, including over $1 billion in sponsorship, rights and licensing deals, Mark and Sean have the perspective, track record and relationships necessary to unlock significant value for clients and set them on the fast track to revenue growth and commercial success."

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…