Andrew Barroway Male • United States of America
Andrew Barroway is a seasoned Hedge Fund Manager and Legal Professional, notably recognized for his former ownership of the NHL's Arizona Coyotes Hockey Club, now known as the Utah Hockey Club. He owns Athens Kallithea FC, a premier soccer club in Greece's top division. Barroway excels in crafting strategic investment plans and securing capital from high-net-worth individuals, corporations, foundations, and pension funds. His sharp focus on strategic investment objectives and his adaptability to market changes underscores his expertise in the financial sector.
Barroway's financial portfolio, estimated to be in the hundreds of millions, showcases his successful ventures in diverse entrepreneurial fields. His notable transactions include acquiring a 51% stake in IceArizona Acquisition Co., LLC for $152.5 million in 2014, becoming the sole owner in 2017, and later purchasing a 90% stake in Athens Kallithea in 2021. His prowess in finance is further highlighted by his skill in event-driven hedge fund management, capitalizing on stock mispricing during significant corporate transitions such as mergers and acquisitions, which has greatly benefited his investment clientele.
Born in Philadelphia, PA, and raised in New Jersey, Barroway attended Cherry Hill High School East and then Rutgers College. He pursued a legal career after earning a Bachelor of Arts, obtaining a Juris Doctor from the University of Pennsylvania Law School in 1991. He co-founded Schiffrin and Barroway, LLP, which rapidly gained a reputation for specializing in complex class action litigation. He became globally recognized for his shareholder, ERISA, consumer, and antitrust litigation expertise.
His legal acumen was pivotal in securing a landmark $3.2 billion settlement in the Tyco International Inc. securities litigation, solidifying his firm’s reputation as a leader in shareholder litigation practices. The firm served a broad spectrum of global institutional investors, enhancing its standing in the legal field.
In 2009, Barroway shifted his professional focus to hedge fund management by establishing Merion Capital LP. Managing assets worth over $1 billion, his firm became a pioneer in utilizing appraisal rights as an investment strategy, adapting modern investment techniques to evolving regulatory and business environments. His firm, with offices in Scottsdale, AZ, and New York, NY, primarily focuses on mergers and acquisitions, showcasing his adeptness in selecting optimal investment solutions for his clients.
Andrew Barroway ventured into sports team ownership, acquiring the Arizona Coyotes Hockey Club in 2014. Despite the challenges associated with sports management, he effectively navigated financial investments, media scrutiny, and league regulations. His leadership continues at Athens Kallithea FC, where he has implemented significant enhancements and secured strategic partnerships, demonstrating his comprehensive leadership and strategic insight across various industries.