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    Posted February 7, 2014 by
    bldrage
    Location
    Los Angeles, California
    Assignment
    Assignment
    This iReport is part of an assignment:
    The written word: Your personal essays

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    Meet Elliott Broidy- The driving force of a changing Los Angeles and America

     
    Elliott Broidy is an investment manager and Southern California native. He is Chairman of Broidy Capital Management, an investment firm. As a venture capitalist, he has managed cross-border investments in Israel, as well.

    However, his greatest impact is being felt outside of boardrooms and investment meetings. The gritty streets of Venice Beach, musical performances and movie sets have been a big part of Broidy’s focus in recent years.

    Why? Mr. Broidy is part of a renaissance in his native Los Angeles. The film industry and social issues facing the city are each being influenced by his work. Beyond Los Angeles, he has also taken an active role in shaping national defense issues.

    Beginnings:

    From a military family, Elliott Broidy graduated with an MBA from the USC Marshall School Business. He went on to start Broidy Capital Management in 1991, where he serves as Chairman and CEO. The success of his investment firm has helped Broidy become a leading philanthropist with numerous projects.

    Independent Film Financing:

    ‘Sugar’ and support for homeless youth:

    In 2013, Elliott Broidy served as executive producer for the movie ‘Sugar,' an independent film. ‘Sugar’ tells the story of a young woman living on the streets of Venice Beach, California. Broidy joined the crew after meeting with Director Rotimi Rainwater.

    Rainwater’s own experience with life on the streets is the basis for the plot of ‘Sugar.' This partnership has proved crucial to thefilm’s improbable success.

    Movie Marketing:

    The grass roots efforts of Broidy and Rainwater have gained attention in Hollywood. Unlike many big budget commercial films, the team relied on strategic screenings and social sites to gain fans. Elements of their model are being evaluated by large studios and philanthropic causes alike.

    The production team used social media marketing to gain attention for ‘Sugar’. A successful campaign on IndieGoGo, a crowd funding platform, was also used.

    Acclaim:

    ‘Sugar’ had a congressional screening in June, putting the issues of homeless youth before policymakers. ‘Sugar’ would then win the ‘Film Heals Award’ at the Manhattan Film Festival in July. Elliott Broidy noted that ‘Sugar’ was a film that deserved to succeed.

    Many extras cast in the move were homeless and have since found their way off the streets.

    ‘Snake and Mongoose’:

    2013 saw Broidy team with his wife, Robin, on the drag racing drama, ‘Snake and Mongoose.' The independent film tells the true story of a racing rivalry that produced effects still felt today.This includes a Hot Wheels sponsorship from Mattel, to create what is now the multibillion dollar sports marketing industry.

    Los Angeles Culture:

    Wilshire Boulevard Temple:

    Founded in 1929, the historic Wilshire Boulevard Temple reopened its auditorium with a concert in December, 2013. Elliott Broidy and other civic leaders attended to rally support for the surrounding neighborhood.

    Broidy has served on the temple’s board, as part of his community outreach efforts. A December press release noted the remodeled temple reflects a resurgent downtown Los Angeles and Koreatown.
    Military Support:

    Coming from a military family, Elliott Broidy actively supports Hounds for Heroes and the Wounded Warriors Project.

    National Defense:

    Homeland Security Council:

    From 2005 -2009, Broidy served on the Homeland Security Advisory Council.

    Bipartisan Council for American Security:

    Elliott Broidy was named the first Chairman of the Advisory Board in July, 2013. BCAS is a nonprofit organization that supports proactive engagement of American interests across the world.

    Threat Deterrence, LLC:

    In his role as Chairman of Threat Deterrence, LLC, ElliottBroidy helps direct the advisory firm’s initiatives. Threat Deterrence, LLC advises sovereign and private clients on minimizing security risks from various sources.

    Support for Education:

    A scholarship program from Elliott Broidy is helping further stem cell research at a prestigious summer camp. The program is held at USC’s Keck School of Medicine and aims to ensure future advancements in stem cell research. Merit based scholarships from Broidy helped young scientists attend the 8 week curriculum.

    Innovation:

    Known as the Early Investigator High School (EIHS) program, the camp helps further research in stem cell science. Mr. Broidy commented that opening the camp to deserving students from across Los Angeles was an investment in the city.

    Personal:

    Married with three children, Elliott and Robin Broidy live in Bel Air, California.




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