In 1983, Wrubel graduated from Xavier High School in Middletown, Connecticut and in 1987, he graduated with a Bachelor of Surgery in Economics from the Wharton School at the University of Pennsylvania where he was a member of the Sigma Alpha Mu fraternity.
After school, he worked for Chicago-based JMB Realty as an associate in their acquisition group. In 1993, he took a job with Dickstein & Company where he focused in real estate, asset backed securities, and real estate corporate restructurings and was involved in some of the largest real estate restructurings including those of including Olympia & York, Cadillac Fairview, Rockefeller Center Properties, Bramalea, and Trizec Properties. In 2001, he ventured out on his own and founded Wesley Capital Management, Limited Liability Company, a real estate focused hedge fund.
Comcast-Spectacor and Harris began talks in the summer of 2011.
The deal was announced on July 13, 2011. The National Basketball Association formally approved the deal on October 13.
Wrubel is also on the Advisory Board of Maxim Capital Group.
Wrubel is a member of an investment group that won a $280 million bid for the purchase of the Philadelphia 76ers from Comcast Spectacor in 2011. The other members of the investment group are: Joshua Harris, managing partner of the group and co-founder of private equity firm Apollo Global Management and David S. Blitzer of the private equity firm Blackstone Group, both fellow Wharton School of the University of Pennsylvania graduates, as well as former National Basketball Association agent and Sacramento Kings executive Jason Levien, former Vail Resorts Chief Executive Officer Adam Aron, Martin Geller, David Heller, Travis Hennings, James Lassiter, Marc Leder, Michael Rubin, Will Smith & Jada Pinkett Smith, and Indonesian businessmen Handy Soetedjo & Erick Thohir.
Wrubel is a member of the Board of Advisors at Mount Sinai Hospital’s, on the Board of Trustees at the Jewish Museum in Manhattan, and is on the Wharton Undergraduate Board at the University of Pennsylvania.
