Jim Ford has joined Los Angeles 2024 as a Senior Advisor for Strategic Partnerships. Ford was previously a Managing Director with Oaktree Capital Management LP. Los Angeles 2024 is Los Angeles’ bid for the 2024 Olympic and Paralympic Games.
LA 2024 Appoints Jim Ford as Senior Advisor for Strategic Partnerships
Former Oaktree Managing Director will oversee LA 2024 relationships with venue partners
LOS ANGELES – Los Angeles 2024 today announced that former Oaktree Capital Management, L.P. (“Oaktree”) Managing Director Jim Ford has joined its team as Senior Advisor for Strategic Partnerships, adding significant financial expertise to the committee as it bids to bring the Games back to the US for the first time in 28 years. Ford will work closely with LA 2024 Chairman Casey Wasserman and CEO Gene Sykes, and will develop business agreements and oversee LA 2024’s partnerships with the City of Angels’ world-class sporting and accommodation venues. He will also join LA 2024’s Board of Directors.
Prior to joining LA 2024, Ford spent 20 years at Oaktree, most recently as a Managing Director and Portfolio Manager of the Global Principal Group. Oaktree is a leading global investment management firm headquartered in Los Angeles.
As Senior Advisor for Strategic Partnerships, Ford will play a key role in ensuring that LA maximizes the opportunities afforded by the city’s existing premier sporting and accommodating infrastructure, which is a cornerstone of LA 2024’s fiscally responsible, sustainable Games Plan. With 97% of venues in place, LA 2024 needs to build only one permanent venue, minimizing environmental impact and leaving no unused stadiums behind. The City of Angels’ rich sporting and accommodation infrastructure also guarantees that there would be no construction delays should LA be awarded the Games, allowing LA 2024 to focus its attention on creating the best, personalized experience for the athletes.
LA 2024 CEO Gene Sykes said: “We’re very pleased to welcome Jim to our team to oversee our relationships with our city’s world-class sports and accommodation venues, which are uniquely suited to provide the finest experience for athletes, fans and the Olympic Family. Jim’s business acumen and financial experience, along with his local knowledge and extensive network as a lifelong Angeleno, will be invaluable to us as we put together the best possible bid to bring the Olympic and Paralympic Games back to Los Angeles.”
Co-Chairman of Oaktree Howard Marks said: “Jim is a great leader and top-notch businessman who will no doubt have an immediate and positive impact on Los Angeles’ bid to host the 2024 Summer Olympics.”
UCLA Chancellor Gene Block said: “Jim is a great champion for athletics and for Los Angeles. His deep passion and commitment will help propel our city and its bid for the 2024 games, further allowing us to convey that Los Angeles is a place with unparalleled facilities and proud and diverse communities ready to welcome the world in eight years.”
Children’s Bureau of Southern California CEO Alex Morales said: “Jim has always given his all to every challenge put in front of him to better our L.A. community. His volunteer leadership and contributions to our organization have been tremendous, and I know he will work tirelessly on behalf of LA 2024.”
Jim Ford said: “As an enthusiastic supporter of the Olympic Movement and a Los Angeles native, it’s an honor to join this group and contribute my efforts to ensuring that the world’s greatest athletes have the chance to compete at our unique and iconic venues.”
Ford joined Oaktree in 1996 as a summer trainee, and ascended to Managing Director and Portfolio Manager of the Global Principal Group over the span of a decorated 20-year career and has been credited with executing some of Oaktree Capital’s most significant investments. He continues to serve as a senior advisor to Oaktree and remains a director of several Global Principal Group portfolio companies. Ford is also a board member of the Children’s Bureau of Southern California and a member of the Advisory Council of the Stanford University Graduate School of Business. He received a bachelor’s degree in Economics from UCLA and an MBA from Stanford Graduate School of Business.
For more information visit LA24.org.