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“Boots” Under Federal Investigation
by Alanah McGinley on 05/29/08 at 07:29 PM ET
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From Scott Herhold and Pete Carey at the Mercury News,
Federal investigators are probing the business dealings of San Jose socialite and investor William “Boots” Del Biaggio III, the Mercury News has learned.
Del Biaggio announced his departure Monday from Sand Hill Capital, a firm he co-founded in 1997. Sand Hill, a boutique lender to startups, issued a terse press release saying he was leaving the company “for personal reasons.”
The 40-year-old financier, until recently a minority investor in the the San Jose Sharks hockey team, last year became a part-owner of the Nashville Predators hockey team. Del Biaggio did not return phone calls seeking comment. His lawyer, Elliot Peters of the San Francisco law firm Keker & Van Nest, e-mailed a statement to the Mercury News:
“Boots Del Biaggio is a good and generous person. Boots will cooperate fully with any investigation.”
Del Biaggio is currently part of the investor group that recently acquired the Nashville Predators.
Update 12:17pm ET May 30th: John Glennon at The Tennessean notes a statement issued by the Predators.
Filed in: NHL Teams, Nashville Predators, San Jose Sharks | KK Hockey | Permalink
Tags: William+"Boots"+Del+Biaggio+III,
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