# ASM Global

ASM Global is an Asset Manager based in Los Angeles, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** asmglobal.com
- **LinkedIn:** https://www.linkedin.com/company/asmglobal

## Regulatory record

- **Reports private funds:** No

## About

ASM Global is a venue management company serving the live entertainment and event management industry. It manages and invests in venues including stadiums, arenas, convention centers, and theaters. Founded in 2019 in Los Angeles, California, the company was acquired by Legends in November 2023.

## Sectors

- Real Estate
- Infrastructure

## People

- Ron Bension — President & CEO

## Questions

### What was the corporate origin of ASM Global?

ASM Global launched in 2019 as a merger between AEG Facilities, the venue-management division of Anschutz Entertainment Group, and SMG, a competing facility-management firm previously owned by Onex Corp. The combination instantly created the largest venue-management company on the planet, consolidating rival portfolios that had been built over decades of municipal contracting.

### How does ASM Global generate revenue?

Revenue derives from long-term facility-management contracts, booking fees, concession and hospitality commissions, premium-seating upsells, and event-related ancillary services. Because ASM Global manages venues rather than owning them, its top line is tied directly to utilization — how many events the portfolio hosts and how well each event monetizes on-site spending.

### Who is the current CEO and what is his background?

Ron Bension has been President and CEO since the company's formation in 2019. Before ASM Global, he ran live events and entertainment for MGM Resorts International and earlier led House of Blues Entertainment, giving him a career-long focus on venue operations, live-audience management, and concert-touring economics.

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- [SundayVentures GmbH](https://altss.com/profile/sundayventures-gmbh)
- [Said Differently](https://altss.com/profile/said-differently)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/asm-global

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