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Bio
As the CEO of Campus Apartments, David Adelman leverages more than three decades of experience in real estate investing and development to oversee a portfolio of student housing properties at 80 schools in 23 states. He was mentored from an early age by the founder of Campus Apartments and has played a major role in the company’s growth since taking over as CEO. Specifically, David Adelman fostered a relationship with sovereign wealth fund GIC Real Estate of Singapore to invest in the company in 2006.
Mr. Adelman is also the founder of Darco Capital and co-founder and vice chair of FS Investments. Through Darco, he has invested in dozens of venture capital and private equity businesses, including digital healthcare company Virta, tequila brand Lobos 1707, Fleetzero electric ships, Prolific Machines cultured meat, Crystal Palace football club, and athletic apparel maker Fanatics. FS Investments is a prominent manager of alternative investment funds with more than $38 billion in assets under management.
A basketball fan, David Adelman leveraged his success in real estate and business investing in October 2022 to purchase a $250 million equity stake in Harris Blitzer Sports and Entertainment, the firm that owns the Philadelphia 76ers NBA franchise. Mr. Adelman is also the chairman of 76 Devcorp, through which he is leading efforts to build a new sports and entertainment venue for the team and revitalize the Fashion District mall at Tenth and Market Streets in Center City.
David Adelman is a former Ernst & Young Entrepreneur of the Year in the real estate category for Greater Philadelphia. He currently belongs to the Young Presidents' Organization and Real Estate Roundtable and serves on the University City District Board of Directors and Penn Medicine Board of Trustees. In addition, he is a past chairman of the Philadelphia Holocaust Remembrance Foundation. He holds a bachelor of arts in political science from Ohio State University. Away from work, he enjoys spending his free time with his wife and daughters.
Location
Philadelphia, Pennsylvania, United States, North America
Social
Primary Organization
2015
13
2
0
1-10
Financial Services, Finance, Financial Exchanges
Jobs history
1
cred.ai
Co-Founder
Invalid date - Current
Board and Advisor Roles
0
N/A
Invest in regions
Profile Resume
David J. Adelman is the CEO at Darco Capital, based in United States, North America. With a background in Financial Services, David J. Adelman has a rich history of leadership and innovation. David J. Adelman studied B.A. Political Science and History @ The Ohio State University. Explore their detailed professional journey, key connections, and contributions to the industry on our platform.
Investment portfolio
9
4
Personal investment
9
Annouced Date | Organization Name | Funding Round | Money Raised |
---|---|---|---|
Sep 18, 2017 | BeatBox Beverages | Series A - BeatBox Beverages | 4.7M |
Jul 18, 2018 | Framebridge | Series C - Framebridge | 30.0M |
Oct 20, 2022 | Harris Blitzer Sports & Entertainment | Secondary Market - Harris Blitzer Sports & Entertainment | 250.0M |
Mar 10, 2023 | SlamBall | Series A - SlamBall | 11.0M |
Partner investment
2
Annouced Date | Organization Name | Funding Round | Investor Name | Money Raised |
---|---|---|---|---|
Sep 10, 2021 | Maroo | Seed Round - Maroo | Darco Capital | 3.0M |
May 02, 2022 | Neutral | Seed Round - Neutral | Darco Capital | 0 |
Exits
4
Invest in industries
Recent Activity
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