David J. Adelman

David J. Adelman

Signal active

CEO

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

Darco Capital

Darco Capital

Founded

2015

Investment

13

Lead investment

2

Exits

0

Employees

1-10

Industry

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.

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Mike Dunleavy Jr.

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David Blitzer

David Blitzer

Senior Managing Director and Global Head of Tactical Opportunities

David Stern

David Stern

Advisor / Investor

Irina Pavlova

Irina Pavlova

No designation

Investment portfolio

David J. Adelman has made 9 investments. Their Latest investment was Series A - SlamBall on Mar 10, 2023

Number of investment

9

Number of exits

4

Personal investment

9

Annouced DateOrganization NameFunding RoundMoney Raised
Sep 18, 2017
BeatBox Beverages BeatBox Beverages
Series A - BeatBox Beverages
4.7M
Jul 18, 2018
Framebridge Framebridge
Series C - Framebridge
30.0M
Oct 20, 2022
Harris Blitzer Sports & Entertainment Harris Blitzer Sports & Entertainment
Secondary Market - Harris Blitzer Sports & Entertainment
250.0M
Mar 10, 2023
SlamBall SlamBall
Series A - SlamBall
11.0M

Partner investment

2

Annouced DateOrganization NameFunding RoundInvestor NameMoney Raised
Sep 10, 2021
Maroo Maroo
Seed Round - Maroo
Maroo Darco Capital
3.0M
May 02, 2022
Neutral Neutral
Seed Round - Neutral
Neutral Darco Capital
0

Exits

4

exit.name Wheels Up

Wheels Up

Wheels Up is a membership-based private aviation company that focuses on reducing the upfront cost to fly privately, pro...

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Recent Activity

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