Boston Basketball Partners L.L.C.
Boston Basketball Partners L.L.C. is an American local private investment group formed to purchase the Boston Celtics of the National Basketball Association (NBA). The executive committee consists of the four members of the managing board, Wyc Grousbeck, H. Irving Grousbeck, Stephen Pagliuca and The Abbey Group, represented by Robert Epstein with the additions of Paul Edgerley, Glenn Hutchins and James Pallotta. Other new key additions include Matt Levin, managing director, Bain Capital partners. Boston Basketball Partners’ list of founding investors includes: RA Capital Associates; David Bonderman, managing director, Texas Pacific Group; James Breyer, general partner, Accel Partners; James I. Cash, Jr., professor and senior associate dean, Harvard Business School; Paul Edgerley, managing director, Bain Capital Partners; William P. Egan, general partner, Alta Communications; William Helman, general partner, Greylock Partners; Glenn Hutchins, a founder and managing member of Sil ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- most populous city in the country. The city boundaries encompass an area of about and a population of 675,647 as of 2020. It is the seat of Suffolk County (although the county government was disbanded on July 1, 1999). The city is the economic and cultural anchor of a substantially larger metropolitan area known as Greater Boston, a metropolitan statistical area (MSA) home to a census-estimated 4.8 million people in 2016 and ranking as the tenth-largest MSA in the country. A broader combined statistical area (CSA), generally corresponding to the commuting area and including Providence, Rhode Island, is home to approximately 8.2 million people, making it the sixth most populous in the United States. Boston is one of the oldest ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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TD Garden
TD Garden is a multi-purpose arena in Boston, Massachusetts. It is named after its sponsor, TD Bank, a subsidiary of the Toronto-Dominion Bank of Toronto, Ontario. It opened in 1995 as a replacement for the original Boston Garden and has been known as FleetCenter, and TD Banknorth Garden. The arena is located directly above the MBTA's North Station. It is the most visited sports and entertainment arena in New England, as nearly 3.5 million people visit the arena each year. TD Garden is the home arena for the Boston Bruins of the National Hockey League and the Boston Celtics of the National Basketball Association. It is owned by food service and hospitality conglomerate Delaware North, whose CEO, Jeremy Jacobs, also owns the Bruins. It is the site of the annual Beanpot college hockey tournament, and hosts the annual Hockey East Championships. The arena has also hosted many major national sporting events including various rounds of the NCAA Division I men's basketball tournament ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Boston Celtics
The Boston Celtics ( ) are an American professional basketball team based in Boston. The Celtics compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference Atlantic Division. Founded in 1946 as one of the league's original eight teams, the Celtics play their home games at TD Garden, which they share with the National Hockey League's Boston Bruins. The Celtics are one of the most successful basketball teams in NBA history. The franchise is one of two teams with 17 NBA Championships, the other franchise being the Los Angeles Lakers. The Celtics currently hold the record for the most recorded wins of any NBA team. The Celtics have a notable rivalry with the Los Angeles Lakers, which was heavily highlighted throughout the 1960s and 1980s. During the two teams' many match-ups in the 1980s, the Celtics' star, Larry Bird, and the Lakers' star, Magic Johnson, had an ongoing feud. The franchise has played the Lakers a record 12 times in the NB ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Basketball Association
The National Basketball Association (NBA) is a professional basketball league in North America. The league is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the major professional sports leagues in the United States and Canada. It is the premier men's professional basketball league in the world. The league was founded in New York City on June 6, 1946, as the Basketball Association of America (BAA). It changed its name to the National Basketball Association on August 3, 1949, after merging with the competing National Basketball League (NBL). In 1976, the NBA and the American Basketball Association (ABA) merged, adding four franchises to the NBA. The NBA's regular season runs from October to April, with each team playing 82 games. The league's playoff tournament extends into June. , NBA players are the world's best paid athletes by average annual salary per player. The NBA is an active member of USA Basketball (USAB), which is recognized by t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Executive Committee
A committee or commission is a body of one or more persons subordinate to a deliberative assembly. A committee is not itself considered to be a form of assembly. Usually, the assembly sends matters into a committee as a way to explore them more fully than would be possible if the assembly itself were considering them. Committees may have different functions and their types of work differ depending on the type of the organization and its needs. A member of a legislature may be delegated a committee assignment, which gives them the right to serve on a certain committee. Purpose A deliberative assembly may form a committee (or "commission") consisting of one or more persons to assist with the work of the assembly. For larger organizations, much work is done in committees. Committees can be a way to formally draw together people of relevant expertise from different parts of an organization who otherwise would not have a good way to share information and coordinate actions. They may ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Wyc Grousbeck
Wycliffe "Wyc" K. Grousbeck (born June 13, 1961) is an American entrepreneur who is the majority owner and Governor of the National Basketball Association's Boston Celtics. Career Grousbeck was born in Worcester, Massachusetts and graduated from Noble and Greenough School in Dedham, Massachusetts. He attended Princeton University, B.A. in history in 1983, and rowed on the 1983 undefeated lightweight crew team that claimed the Ivy League and National rowing championship. He received a J.D. degree from the University of Michigan in 1986 and an M.B.A. in 1992 (Miller Scholar) from the Stanford Graduate School of Business. After spending seven years as a partner at the venture capital firm, Highland Capital Partners, Grousbeck founded and led the group Boston Basketball Partners L.L.C. that bought the Boston Celtics for $360 million in 2002. In 2008, the Celtics won their seventeenth NBA Championship. While continuing his duties with the Celtics, in 2010 Grousbeck became Chairman ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stephen Pagliuca
Stephen Gerard Pagliuca (born January 16, 1955) is an American private equity investor, co-chairman of Bain Capital, and co-owner of the Boston Celtics of the National Basketball Association (NBA) and Atalanta of Italian Serie A association football league. Education Raised in the Basking Ridge section of Bernards Township, New Jersey, Pagliuca graduated from Ridge High School in 1973. He attended Duke University where he played freshman basketball before receiving a BA in 1977. He has served on Duke's Trinity Board of Investors from 2001 to 2008, chairing the board from 2005 to 2007. He is a member of the Campaign Steering Committee and also serves on the board of trustees, serving on the Audit Committee and the Institutional Advancement Committee. Pagliuca received an MBA from Harvard Business School (HBS) in 1982. He is member of the HBS Board of Dean's Advisors, the University Board of Overseers Committee on University Resources and the HBS Healthcare Initiative Advisory Board. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Abbey Group
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Glenn Hutchins
Glenn Hutchins is an American businessman and investor. He is a private equity investor focused on the technology sector, chairman of North Island and co-founder of Silver Lake Partners. Career After studying at The Lawrenceville School and graduating in 1973, Hutchins earned an AB from Harvard College in 1977 and began his career as a credit analyst at Chemical Bank In 1984, he finished a joint JD/MBA program from Harvard Business School and Harvard Law School, which he completed simultaneously. Following his graduation, Hutchins began his career in private equity at Thomas H. Lee Partners. Hutchins left the firm in 1992 to join the Bill Clinton presidential transition team as a Senior Adviser focusing on economic policy. After two years serving as a Special Advisor on economic and healthcare policy in the Clinton Administration, Hutchins returned to private equity, this time joining The Blackstone Group in New York. Hutchins co-founded Silver Lake Partners in 1999 alongside ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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James Pallotta
James Joseph Pallotta (born March 13, 1958) is an American billionaire businessman. In 2009, he founded Raptor Group, a private investment company. Prior to forming Raptor, Pallotta was vice chairman at Tudor Investment Corporation. He was co-owner and chairman of the Italian football club A.S. Roma from 2011 to 2020; co-owner and executive board member of the National Basketball Association's Boston Celtics, and co-owner of esports franchise Fnatic. Early life Pallotta was born in 1958 in Boston to a mother from Canosa di Puglia, Apulia and a father from Calabria, Italy. Along with sisters Carla and Christine Pallotta, he was raised in Boston's Italian north end neighborhood. His sisters own and operate NEBO Cucina & Enoteca in Boston's financial district. Pallotta earned a BBA at University of Massachusetts Amherst and an MBA at Northeastern University. Professional background Raptor Group Pallotta founded Raptor Group, a private investment company with offices in Boston ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Silver Lake Partners
Silver Lake is an American global private equity firm focused on investments in technology, technology-enabled and related industries. Founded in 1999, the firm is one of the largest technology investors in the world. Its investment holdings have included Airbnb, Alibaba Group, Ancestry.com, Broadcom, Credit Karma, City Football Group, Dell Technologies, Endeavor, Expedia Group, Fanatics, First Advantage, Global Blue, GoDaddy, Jio, Lightbox, Motorola Solutions, New Zealand Rugby, NortonLifeLock, Red Ventures, Sabre Corporation, Skype, SoFi, GLG, Seagate Technology, SolarWinds, TEG, Twitter, Unity Technologies, Waymo, Weld North Education, WP Engine, Vacasa, the A-League football competition in Australia, and ZPG. Silver Lake is headquartered in Silicon Valley, and has offices in New York, London and Hong Kong. History Silver Lake was founded in 1999, at the height of the late 1990s technology boom to make private equity investments in mature technology companies as opposed ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tudor Investment Corporation
Tudor Investment Corporation is an American investment firm based in Stamford, Connecticut. The firm invests in both Public equities, public and Private equity, private markets globally. Background In 1980, Paul Tudor Jones founded the Tudor Investment Corporation. Commodities Corporation was one of the first clients to invest into the firm where it provided $30,000 to manage. On the day of Black Monday (1987), Black Monday, October 19, 1987, Jones accurately predicted there would be a stock market crash. The Dow Jones Industrial Average plunged 22% on that day while the firm from Short (finance), short positions earned a 62% gain for the month of October and 200% gain for the year of 1987. On February 1990, Jones bought put options for the Japanese stock market. When the market plunged, the firm had a return of 87.4% for that year. In 1996 the firm agreed to pay fines to the U.S. Securities and Exchange Commission totalling $800,000, the second-largest ever levied at the ti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |