The Respected Tony Ressler: A Business Leader With A Passion For Basketball

Tony Ressler is an American businessman and investor. He is the co-founder and co-chairman of Ares Management, a global alternative investment manager. Ressler is also the owner of the Atlanta Hawks of the National Basketball Association (NBA) and the Atlanta Dream of the Women's National Basketball Association (WNBA).

Ressler was born in New York City in 1960. He graduated from the University of Pennsylvania and the Harvard Business School. After graduating from business school, Ressler worked as an investment banker at Goldman Sachs. In 1990, he co-founded Ares Management with John Kissick.

Ares Management is one of the world's largest alternative investment managers. The firm has over $170 billion in assets under management. Ares Management invests in a variety of asset classes, including private equity, credit, real estate, and infrastructure.

Ressler is a prominent figure in the sports world. He is a member of the board of directors of the NBA and the WNBA. He is also a minority owner of the Milwaukee Bucks of the NBA.

Ressler is married to Jami Gertz, an actress. They have two children.

Tony Ressler

Tony Ressler is an American businessman and investor. He is the co-founder and co-chairman of Ares Management, a global alternative investment manager. Ressler is also the owner of the Atlanta Hawks of the National Basketball Association (NBA) and the Atlanta Dream of the Women's National Basketball Association (WNBA).

• Co-founder
• Co-chairman
• Investor
• Businessman
• Owner
• NBA
• WNBA

These key aspects highlight Tony Ressler's diverse roles and accomplishments in the business and sports worlds. As the co-founder and co-chairman of Ares Management, he has played a significant role in the growth and success of one of the world's largest alternative investment managers. His ownership of the Atlanta Hawks and Atlanta Dream demonstrates his commitment to the sport of basketball and his passion for giving back to the community. Ressler's involvement in both the NBA and WNBA underscores his dedication to promoting gender equality and inclusivity in sports.

1. Co-founder

As a co-founder of Ares Management, Tony Ressler played a pivotal role in establishing and shaping the company's vision, culture, and investment strategy. Co-founders are individuals who come together to create a new organization, and their contributions are essential to the success of the venture. In the case of Ares Management, Ressler's expertise in investment banking and private equity was instrumental in the firm's early growth and success.

Co-founders often have complementary skills and experiences, which can be a major advantage for a new company. In Ressler's case, his financial acumen and leadership skills were a perfect complement to his co-founder John Kissick's background in real estate and private equity. Together, they were able to build Ares Management into one of the world's leading alternative investment managers.

The role of a co-founder is not without its challenges. Co-founders must be able to work together effectively, share decision-making responsibilities, and resolve conflicts constructively. Ressler and Kissick have been able to navigate these challenges successfully, and their partnership has been a key factor in Ares Management's long-term success.

2. Co-chairman

As co-chairman of Ares Management, Tony Ressler shares responsibility for the firm's overall leadership and strategic direction. The role of co-chairman is typically held by two or more individuals who work together to oversee the company's operations and make key decisions. In Ressler's case, he co-chairs Ares Management with John Kissick, who is also a co-founder of the firm.

The co-chairman position is a critical one, as it requires the ability to work effectively as part of a team, make sound decisions, and represent the company to the outside world. Ressler's experience as a co-founder and his expertise in investment banking and private equity make him well-suited for this role.

Under Ressler and Kissick's leadership, Ares Management has grown into one of the world's leading alternative investment managers. The firm has over $170 billion in assets under management and invests in a variety of asset classes, including private equity, credit, real estate, and infrastructure.

3. Investor

Tony Ressler is a prominent investor, known for his success in the financial industry. As an investor, Ressler seeks to identify and invest in undervalued assets with the potential for high returns. He has a long track record of success in private equity, credit, real estate, and infrastructure.

One of Ressler's most notable investments was in Ares Management, the global alternative investment manager that he co-founded in 1990. Under Ressler's leadership, Ares Management has grown into one of the world's leading alternative investment firms, with over $170 billion in assets under management.

Ressler's success as an investor is due in part to his ability to identify undervalued assets and to develop creative investment strategies. He is also a skilled negotiator and has a deep understanding of the financial markets.

Ressler's investment philosophy is based on the belief that long-term value can be created by investing in undervalued assets and by partnering with strong management teams. He is also a strong believer in the power of diversification and invests in a variety of asset classes and industries.

Ressler's success as an investor has made him one of the most respected figures in the financial industry. He is a frequent speaker at industry conferences and has been featured in numerous publications, including Forbes, The Wall Street Journal, and The New York Times.

4. Businessman

Tony Ressler is a successful businessman who has built a career in the financial industry. He is the co-founder and co-chairman of Ares Management, a global alternative investment manager with over $170 billion in assets under management. Ressler is also the owner of the Atlanta Hawks of the National Basketball Association (NBA) and the Atlanta Dream of the Women's National Basketball Association (WNBA).

Ressler's success as a businessman is due in part to his ability to identify and invest in undervalued assets. He is also a skilled negotiator and has a deep understanding of the financial markets. Ressler's investment philosophy is based on the belief that long-term value can be created by investing in undervalued assets and by partnering with strong management teams.

Ressler's business acumen has been instrumental in the success of Ares Management and the Atlanta Hawks. Under his leadership, Ares Management has grown into one of the world's leading alternative investment firms. The Atlanta Hawks have also experienced success under Ressler's ownership, making the playoffs in each of the past four seasons.

Ressler's success as a businessman is a testament to his hard work, dedication, and understanding of the financial markets. He is a role model for aspiring business leaders and his story is an inspiration to anyone who wants to achieve success in the business world.

5. Owner

Tony Ressler's role as an owner extends beyond mere financial investment to encompass a deep involvement in the strategic direction and day-to-day operations of his businesses. As the owner of the Atlanta Hawks and Atlanta Dream, Ressler has played a pivotal role in shaping the culture and success of both organizations.

• Visionary Leadership
  As the owner, Ressler sets the long-term vision and strategic direction for his teams. He has a clear understanding of the competitive landscape and the necessary steps to achieve success. Under Ressler's leadership, the Hawks have made significant strides, both on and off the court.
• Operational Excellence
  Ressler is deeply involved in the day-to-day operations of his teams. He works closely with management to ensure that the organization is running efficiently and effectively. Ressler's hands-on approach has helped the Hawks to improve their performance and achieve sustained success.
• Community Engagement
  Ressler is committed to giving back to the community. He is a strong supporter of local charities and initiatives. Ressler's ownership has helped to raise the profile of the Hawks and Dream in the Atlanta community.
• Investment in Infrastructure
  Ressler has made significant investments in the infrastructure of his teams. He has overseen the renovation of the Hawks' home arena, State Farm Arena, and the construction of a new practice facility. These investments have helped to improve the fan experience and provide the teams with the resources they need to succeed.

Tony Ressler's ownership of the Atlanta Hawks and Atlanta Dream is a testament to his commitment to excellence and his passion for the sport of basketball. Ressler's leadership has been instrumental in the success of both organizations, and he is widely respected as one of the most successful owners in professional sports.

6. NBA

The National Basketball Association (NBA) is a professional basketball league in North America, widely recognized as the premier basketball league in the world. Tony Ressler's connection to the NBA stems from his ownership of the Atlanta Hawks, one of the league's 30 franchises.

Ressler's involvement in the NBA has been significant, both as an owner and as a member of the league's board of directors. He has been instrumental in shaping the league's policies and direction, and his insights have been invaluable in driving the NBA's growth and success.

As the owner of the Atlanta Hawks, Ressler has overseen the team's transformation into a perennial playoff contender. Under his leadership, the Hawks have made several key acquisitions, including the signings of All-Star players Trae Young and Dejounte Murray. Ressler's commitment to building a winning team has been evident in his willingness to invest in both on-court talent and off-court infrastructure, such as the renovation of State Farm Arena.

Ressler's contributions to the NBA extend beyond his ownership of the Atlanta Hawks. He is a strong advocate for the league's global expansion and has been involved in efforts to promote basketball around the world. Ressler's passion for the sport is evident in his dedication to growing the game and making it accessible to fans of all ages and backgrounds.

In summary, Tony Ressler's connection to the NBA is multifaceted. As an owner, he has played a pivotal role in the success of the Atlanta Hawks. As a member of the league's board of directors, he has helped to shape the NBA's policies and direction. Ressler's commitment to the sport is evident in his efforts to promote basketball globally and make it accessible to all.

7. WNBA

Tony Ressler's connection to the Women's National Basketball Association (WNBA) is significant, both as the owner of the Atlanta Dream and as a strong advocate for women's basketball.

As the owner of the Atlanta Dream, Ressler has been instrumental in the team's success and growth. Under his leadership, the Dream have become one of the most competitive teams in the WNBA, making the playoffs in each of the past four seasons. Ressler's commitment to the Dream is evident in his willingness to invest in both on-court talent and off-court infrastructure, such as the renovation of Gateway Center Arena.

Beyond his ownership of the Atlanta Dream, Ressler is a vocal advocate for women's basketball. He has been a strong supporter of the WNBA's efforts to grow the game and increase its visibility. Ressler's passion for women's basketball is evident in his dedication to promoting the sport and making it accessible to fans of all ages and backgrounds.

In summary, Tony Ressler's connection to the WNBA is multifaceted. As an owner, he has played a pivotal role in the success of the Atlanta Dream. As an advocate, he has helped to raise the profile of women's basketball and promote its growth. Ressler's commitment to the WNBA is a testament to his belief in the power of sports to inspire and empower women.

FAQs

This section addresses some commonly asked questions about Tony Ressler, his career, and his involvement in the NBA and WNBA.

Question 1: What is Tony Ressler's role in the NBA?

Tony Ressler is a co-owner of the Atlanta Hawks, one of the 30 franchises in the National Basketball Association (NBA). He is also a member of the NBA's board of directors.

Question 2: What is Tony Ressler's role in the WNBA?

Tony Ressler is the owner of the Atlanta Dream, one of the 12 franchises in the Women's National Basketball Association (WNBA).

Question 3: What is Tony Ressler's investment philosophy?

Tony Ressler's investment philosophy is based on the belief that long-term value can be created by investing in undervalued assets and by partnering with strong management teams.

Question 4: What are some of Tony Ressler's most notable investments?

One of Tony Ressler's most notable investments was in Ares Management, the global alternative investment manager that he co-founded in 1990. Under Ressler's leadership, Ares Management has grown into one of the world's leading alternative investment firms, with over $170 billion in assets under management.

Question 5: What is Tony Ressler's net worth?

Tony Ressler's net worth is estimated to be around $2.1 billion, according to Forbes.

These are just a few of the most commonly asked questions about Tony Ressler. For more information, please visit his website or follow him on social media.

Transition to the next article section: Tony Ressler's involvement in the NBA and WNBA has been a major factor in the success of both leagues. His commitment to growing the game of basketball and making it accessible to all is evident in his work both on and off the court.

Conclusion

Tony Ressler is a successful businessman and investor with a deep passion for basketball. As the owner of the Atlanta Hawks and Atlanta Dream, he has played a major role in the success of both franchises. Ressler's commitment to excellence is evident in his willingness to invest in both on-court talent and off-court infrastructure.

Ressler's involvement in the NBA and WNBA has been a major factor in the growth of both leagues. He is a strong advocate for women's basketball and has been instrumental in raising the profile of the WNBA. Ressler's passion for the sport is evident in his dedication to promoting basketball at all levels and making it accessible to all.

Tony Ressler is a true visionary leader who has made a significant impact on the world of basketball. His commitment to excellence and his dedication to the sport are an inspiration to all who know him.