David Adelman is an American businessman, the CEO of Campus Apartments, a co-founder and Vice Chairman of FS Investments, and a prominent investor. His career began with a transformative moment of failure: as a kid, he lost a bet on a driveway basketball game, and in paying off that bet, he gained a mentor who guided him into real estate investing.

His entrepreneurial journey began in the specialized niche of student housing. Recognizing the stability and high demand for quality accommodation near universities, he built his initial real estate portfolio. This early success in property development, coupled with his financial acumen, positioned him to become a major player in alternative asset management and, later, in professional sports ownership.

David Adelman founded Campus Apartments in the early 1990s. His strategic vision was to specialize in student housing near universities, building a successful company that now manages over $2 billion in assets across 80 universities in 23 states. This specialization allowed him to master complex real estate management and logistics.

His pivotal move into finance came as the co-founder and Vice Chairman of FS Investments, an alternative asset manager that oversees over $35 billion in assets across mutual funds and private market vehicles. This diversification cemented his multi-billion dollar fortune. Adelman is also known for his minority ownership stake in the Philadelphia 76ers (NBA), reflecting his commitment to his local community and high-profile sports. His entire career is a testament to the power of using a niche market (student housing) as a springboard for broader financial dominance.

David Adelman's social impact is structural, stemming from Campus Apartments' role in providing quality student housing for thousands of university students. His founding of FS Investments provides essential capital to various enterprises.

His personal philanthropy supports various educational and community initiatives in Philadelphia. His structural contribution is the successful transformation of the student housing market into a professional, large-scale investment sector, and his support for the Philadelphia 76ers is a major civic asset.

David Adelman maintains the sharp, professional style of a high-net-worth investor and executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic is one of confident authority, blending the finance world with the energy of sports ownership.

His luxury is the immense security and autonomy derived from his multi-billion dollar fortune, which he leverages to pursue high-impact investments in both real estate and finance. His life is dedicated to leveraging his early entrepreneurial lessons for large-scale commercial success.