Updated:
Ratio Capital
RATIO CAPITAL is a state-registered investment adviser in LAS VEGAS, NV. The firm manages approximately $24 million in regulatory assets. It has 3 employees...
Ratio Capital
RATIO CAPITAL is a state-registered investment adviser in LAS VEGAS, NV. The firm manages approximately $24 million in regulatory assets. It has 3 employees and 2 investment advisers.
General information
Firm type
Asset Manager
Year founded
2013
Location
Region
North America
Country
United States
City
Las Vegas
Corporate office
New York, NY, United States
Principals
David B. Blitzer
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Ratio Capital?
David Blitzer is the sole founder and principal investor. He makes allocation decisions personally, drawing on the direct investment approach he developed at Blackstone's tactical opportunities group. There is no disclosed investment committee or external advisory board beyond his co-investor relationships, notably with brother-in-law Josh Harris.
How is Ratio Capital related to Harris Blitzer Sports & Entertainment?
Harris Blitzer Sports & Entertainment (HBSE) is the operating company that holds the Philadelphia 76ers, New Jersey Devils, and related arena assets. Blitzer co-founded HBSE with Josh Harris, Apollo Global Management's co-founder, in a joint holding structure. Ratio Capital serves as Blitzer's personal investment vehicle that feeds into his share of those sports assets, along with his separate real estate and credit positions.
Does Ratio Capital invest in third-party funds or only direct deals?
Ratio operates almost entirely through direct deals and control positions, reflecting Blitzer's Blackstone background in principal investing. Unlike many family offices that layer external fund commitments, Ratio allocates capital directly to sports franchises, real estate acquisitions, and opportunistic credit situations without intermediation.
Where does David Blitzer's wealth originate?
Blitzer spent 22 years at Blackstone, ultimately serving as Global Head of the Tactical Opportunities Group and sitting on the firm's management committee. His personal capital base derives from carried interest and co-investment gains accumulated during that tenure, during which he structured some of Blackstone's most notable European buyouts.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on registered investment advisers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: