Bruce Levenson has led an interesting life. He grew up in the northern suburbs of Washington D.C. He moved from there after high school to attend Washington University in St. Louis. After obtaining his bachelor’s degree in Politics he went on to get his law degree from American University. While attending American University, he started working as a journalist for the Washington Star.
In 1977, he and Ed Peskowitz decided to start their own paper that focused on developments in the oil industry. The United Communications Group was the name of the company and it began above Levenson’s father’s liquor store. As time went on they began obtaining other newsletters and started their own database. Both Levenson and Peskowitz have become members of the board for the company that they founded. This company still focuses on information but not just for the oil industry, now they have focuses in health, energy, mortgage banking, and technology among other industries.
He and Peskowitz bought the Atlanta Hawks LLC in 2004. At the time this meant that the two, along with a group of shareholders, owned the Atlanta Hawks basketball team, their stadium, and the Atlanta Thrashers Hockey team. Seven years after acquiring the two teams, the Thrashers were sold. Bruce Levenson felt it was important to focus on the basketball team and decided to become a member of the NBA Board of Governors. In 2014, the two sold the Hawks.
During their time as owners former general manager Danny Ferry had some misgivings with the organizations insurance company, causing the Company to begin pursuing a settlement against New Hampshire Insurance Company AIG. The claim is that there was a breach of contract involving protection of Wrongful Acts of Termination. It is important to note this involves the previous owners though and not the current owners of the Atlanta Hawks.
Having a solid background, and being a philanthropist in the community, in addition to his own law degree, Bruce Levenson and his partners are sure to come out on top no matter what.