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Corey Galloway
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Corey Galloway

Founder

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At a glance

Full Name
Corey Galloway
Title
Founder & Chairman (also listed as Managing Director)
Firm
Legacy Growth Partners, LLC
Firm Type
Private equity / principal investment firm (note: the stub data labeled him an "Angel Investor / Seed Round" investor, but every primary and secondary source describes Legacy Growth Partners as a private equity firm, not an angel/seed-stage fund)
Investment Stage
Growth-stage / private equity buyout & development capital (not classic startup seed)
Sector Focus
Entertainment, manufacturing, real estate (incl. affordable housing / community development), and sports
Geographic Focus
New York City — particularly Brooklyn (East New York, Brownsville) — and the U.S. Northeast (Philadelphia)
Location
Brooklyn, New York

Background

Corey Galloway is the founder and chairman of Legacy Growth Partners, LLC, a private equity firm he established in 2007 that invests across entertainment, manufacturing, and real estate. He brings more than two decades of experience in finance, operations, and marketing. Earlier in his career he spent roughly eight years as a director of operations and finance in MTV's Animation department and about three years as a director of global production at Sesame Workshop (Sesame Street), giving him an unusual blend of media/production operating experience and investment discipline.

Galloway holds a Bachelor of Business Administration in Economics from American International College and an MBA from Pace University, and he completed the Owner/President Management (OPM) program at Harvard Business School. Legacy Growth Partners' real estate work — including the Urban Renaissance development at 3000 N. Broad Street in Philadelphia, where Galloway oversaw land acquisition, negotiations, zoning, and acted as general contractor — was profiled by Harvard Business School, which noted that the firm's last three investments had appreciated roughly 260% in value.

Galloway runs the firm alongside his wife, Tamara Galloway, who serves as president (she previously held executive roles at Time Inc. and Condé Nast and was EVP of GLAAD). Together they have become known for community-focused investment in Brooklyn. In 2016, Legacy Growth Partners was selected as one of just nine developers — alongside partners such as Goldman Sachs — to lead the NYC Department of Housing Preservation & Development's New Infill Homeownership Opportunities Program (NIHOP). The couple also made history as the first Black sports-team owners in New York, and Corey serves on the board of the Hudson Valley Economic Development Corporation (HVEDC) as CEO of the New York Streets arena football team.

Investment Thesis & Focus

  • Invests as a private equity principal, not a passive minority angel — Legacy Growth Partners provides corporate strategy, business development, and equity capital, often taking an operating/development role (Galloway acted as general contractor on the Philadelphia project).
  • Sector concentration: entertainment, manufacturing, and real estate, with a strong tilt toward community/affordable-housing development and sports & recreation.
  • Track record orientation: Harvard Business School highlighted the firm's last three investments yielding ~260% value appreciation — Galloway emphasizes tangible value creation and turnaround/development returns.
  • Mission-driven angle: the Galloways frame their Brooklyn investments around building generational wealth through homeownership and revitalizing underinvested neighborhoods (East New York, Brownsville).

Notable Investments

  • NYC HPD New Infill Homeownership Opportunities Program (NIHOP), 2016 — LGP chosen as one of nine developers (with partners including Goldman Sachs) to build affordable homeownership housing on vacant NYC lots.
  • East New York / Brownsville development initiative — reported ~$20 million (partnering with Goldman Sachs) to develop vacant lots into affordable housing and first-time-homebuyer opportunities in Brooklyn.
  • New York Streets (arena football team), debuted 2018 — Corey and Tamara became the first Black sports-team owners in New York; the team plays at PacPlex in Brooklyn.
  • PacPlex / Brooklyn Lifestyle Athletic Club — rebranded and operated by the Galloways as a large sports, recreation, and education complex (pools, courts, and community programs).
  • Urban Renaissance, 3000 N. Broad Street, Philadelphia — real estate development where Galloway managed acquisition, zoning, and construction; featured in a Harvard Business School case study.

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