David B. Heller

David B. Heller
Born 1968 (age 49–50)
Nationality United States
Education B.A. Harvard University
Occupation Businessman
Known for Minority owner of the Philadelphia Sixers
Spouse(s) married
Children 3

David B. Heller (born 1968) is an American businessman, former Goldman Sachs executive, and minority owner in the Philadelphia Sixers.[1]

Biography

In 1989, Heller received a B.A. from Harvard University with a concentration in American History.[2] After school, he joined Goldman Sachs as a trader in Equity Derivatives.[1] In 1993, he moved to Tokyo to become head of Volatility Trading and the co-head of Equities in Japan.[1] In 1999, he transferred to London as head of Global Trading for Equity Derivatives.[1] In 2006, he returned to New York City as global head of Equities Trading.[1] In 2008, he was named global co-head of the Securities Division.[1] In 2012, he retired from Goldman Sachs but will continue on as a senior director of the company.[1]

Heller is a member of the investment group that won a $280 million bid for the purchase of the Philadelphia Seventy-Sixers. The other members of the investment group are: Joshua Harris of the private equity firm Apollo Global Management, portfolio manager Art Wrubel, former NBA agent, Sacramento Kings executive Jason Levien, David S. Blitzer of the Blackstone Group,[3] former Vail Resorts CEO Adam Aron, Martin J. Geller, Travis Hennings, James Lassiter, Marc Leder, Michael Rubin, Will Smith & Jada Pinkett Smith, and Indonesian businessmen Handy Soetedjo & Erick Thohir.[4] Comcast-Spectacor and Harris began talks in the summer of 2011. The deal was announced on July 13, 2011.[5] The NBA formally approved the deal on October 13.[6]

Heller serves on the boards of Acumen Fund, The New Museum of Contemporary Art, Project Morry and the public policy institute, the Third Way.[1]

Personal life

Heller lives in New York with his wife and three children.[7]

References

  1. 1 2 3 4 5 6 7 8 New York Times: "2 Securities Heads Are Latest to Leave Goldman" by Susanne Craig January 11, 2012
  2. ↑ Third Way: "David Heller - Vice Chairman" retrieved August 19, 2017
  3. ↑ Philadelphia Inquirer: "Those who know him say Joshua Harris, soon-to-be Sixers owner, lives for competition and success" By Kate Fagan August 02, 2011
  4. ↑ ESPN: "Group led by Joshua Harris completes purchase of Sixers" October 18, 2011
  5. ↑ Sale of 76ers to Joshua Harris finished. ESPN, 2011-07-13.
  6. ↑ Group led by Joshua Harris completes purchase of 76ers. Philadelphia 76ers, 2011-10-13.
  7. ↑ Acumen Board of Directors: "David B. Heller (Lead Director) - Trustee, the New Museum of Contemporary Art & Third Way" retrieved August 19, 2017
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