Bruce Levenson has long been known as a mover and shaker in the communications and financial worlds, and his influence also extends to the world of sports, with his co-ownership of major sports teams including the Atlanta Hawks, and the NHL’s Atlanta Thrashers. Mr. Levenson’s investment group has also been a partner in the operating rights to the Philips Arena.
Mr. Levenson’s renown in financial circles partly stems from his work as co-founder and partner in the United Communications Group, which is also known as UGC. The company was founded with Ed Peskowitz in 1977 and Leveson’s wikipedia has played a major decision-making role in the company’s acquisitions. As a communicator, Mr. Levenson’s background includes work as a writer for major publications including the Washington Star and Observer Publishing. Mr. Levenson has a Bachelor’s degree from Washington University and he also holds a law degree from American University, of Washington, D.C.
Mr. Leveson has long been a major sports enthusiast, and his interest in team sports became more serious when Mr. Levenson became a player in the sports world through his partnership acquisition of the Hawks and Thrashers (as well as the rights to Philips Arena) in 2004. The acquisition was based on a smart review of the team’s value as well as a passion for sport itself. The gamble in acquiring the teams was shown to be a shrewd move when it became time to sell. Levenson’s partnership group, which acquired the teams for $250 million, was rewarded handsomely for their acquisition, as they were able to sell the Thrashers in 2011 for the sum of $170 million. More recently, the partnership has negotiated a deal to sell the Atlanta Hawks to a billionaire investment fund manager for $850 million.
Today, sports enthusiasm aside, Mr. Levenson continues his busy schedule with many philanthropic endeavors, as well as his many interests in the financial world.