George Pyne (business executive)
| George Pyne | |
|---|---|
 |
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| Born |
September 2, 1965 Milford, Massachusetts |
| Alma mater | Brown University |
| Occupation | Business Executive |
| Employer | Founder, Bruin Sports Capital |
| Website | http://bruinsportscapital.com/team/george-pyne/ |
George Pyne (born September 2, 1965) is a global business executive and founder of Bruin Sports Capital, a sports, media and branded lifestyle company, where he serves as CEO. Pyne established Bruin in 2015 to acquire growth companies using equity raised through his global network and reputation as a skilled operator and businessman.
Since its founding eighteen months ago, Bruin's portfolio of companies has grown to include more than 1,000 employees across twenty-four offices in nine countries, and spans three core platforms – Experiences & Hospitality, Marketing Services and Sports Media & Technology. Pyne has raised equity capital as a result of his 25-year track record.
Pyne also serves as Non-Executive Chairman of Courtside Ventures, a venture capital fund created in January 2016 that raised $35 million to invest in early-stage technology and media companies that focus on sports. Courtside Ventures is financially backed by Bruin investors Dan Gilbert and WPP.
From 2006 to 2014, Pyne was the President of IMG Sports and Entertainment and a member of its board of directors. He was the driving force behind the earnings growth that resulted in the $2.4 billion sale of IMG to William Morris Endeavor from Forstmann Little's initial investment of $750 million.
Prior to joining IMG, he served as Chief Operating Officer of NASCAR and was the second non-family member in the company’s history to join its board of directors.
Pyne grew up in Milford, Massachusetts and attended Brown University where he played football for the Brown Bears and majored in Political Science. While at Brown, he earned All-Ivy League and All-New England honors and served as the team's captain.
After graduating from Brown, Pyne first worked for his family's real estate company in New England, and then moved to Atlanta, Georgia where he worked with local business leaders and the chamber of commerce. Pyne analyzed the finances of the Atlanta Public School system and issued a 250-page report on the finances of the school system, which led to school reform. One of the local business leaders that worked with Pyne on the school report was the president of the Portman Cos. He hired Pyne to work for the global commercial real estate and trade show company. He became part of the team that oversaw its $2 billion debt restructuring.
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