Charles Towne Holdings (“CTH”), an investment banking, capital markets and advisory services firm focused on the middle market, has closed on a strategic investment from several prominent industry executives including, Harvey Schiller, the former Chairman of the Yankees/Nets, CEO of the US Olympic Committee and President of Turner Sports; Jim Pallotta, former Vice Chair of Tudor Investment Corporation, current co-owner of the Boston Celtics and majority owner of A.S. Roma; and, Tom Glocer, the former CEO of Thomson Reuters and current board member of Merck & Co., Morgan Stanley and Publicis Groupe. Schiller will also be taking the role of Chairman of Charles Towne Holdings.
“We are fortunate to have Harvey, Jim and Tom join us in this investment round,” stated Andy Brusman, CEO of Charles Towne. “Their experience and networks will have an immediate impact and allow us to accelerate our growth and success of our client’s as well as the Charles Towne platform.”
In addition to the investments, the firm is also pleased to announce that Bill Stapleton has joined the firm as a Managing Director. Stapleton will lead the firm’s sports, media and entertainment verticals.