76ers owners hire Wharton grad to lead new investment strategy in real estate, startups

The owner of the Philadelphia 76ers and New Jersey Devils has created a new leadership position not commonly found at sports franchises: head of investments. David Abrams, who has three decades of experienced in investment banking and private equity, will fill the new position at Harris Blitzer Sports & Entertainment (HSBE). The 52-year-old University of Pennsylvania Wharton School graduate began working with HBSE in an undefined role last year. Abrams was previously a senior managing director…