TWG Global Holdings, LLC is an American multinational conglomerate holding company with headquarters in Chicago and New York City. It is led by Guggenheim Partners co-founder and CEO Mark Walter and investor and businessman Thomas Tull.
History
TWG Global was founded by Guggenheim Partners co-founder and CEO Mark Walter as an investment vehicle and holdings company for his investments in multiple industries such as insurance, AI technologies, sports, entertainment, corporate finance, and more.[1][2] Walter owns 21% of the company as of November 2024.[3] Thomas Tull joined the group as co-chairman in 2025, after running AI and machine learning focused holding group Tulco.[4][5]
TWG is a conglomerate invested in seven different industries which include; financial services, insurance, artificial intelligence, technology, sports and entertainment, energy and merchant banking.
Artificial intelligence
TWG Global was created to form partnerships and make investments in artificial intelligence.[4]
In February 2025, TWG Global became one of six founding corporate members in the Generative AI Impact Consortium at MIT.[6] In March 2025, TWG Global partnered with Palantir Technologies to create commercial AI tools for financial services companies.[7][8] In May 2025, XAI joined the partnership with TWG and Palantir.[9]
Financial services
TWG owns multiple financial services companies under its subsidiary Delaware Life Holdings, LLC, including Group 1001 Insurance[10][11][12] and Guggenheim Partners (Guggenheim Investments and Guggenheim Securities).[13]
In April 2025, Abu Dhabi sovereign wealth fund Mubadala Investment Company and TWG Global formed a partnership, with TWG Global purchasing a 5% stake of Mubadala Capital and Mubadala Capitala committing a $10 billion syndicated investment in TWG Global.[14]
Sports
In 2012, Guggenheim Baseball Management bought the Los Angeles Dodgers of the Major League Baseball for $2.15 billion.[15][16] In 2014, Sparks LA Sports bought the Los Angeles Sparks of the Women's National Basketball Association.[17][18]
In 2022, BlueCo bought the Chelsea F.C. of the Premier League.[19][20]
Subsidiaries and affiliates
• 2929 Entertainment
• Acrisure
• AXS TV
• BIA
• BPG Sports
• Cadillac Formula 1 Team
• Dallas Mavericks
• Footprint
• Group 1001
• Guggenheim Investments
• Guggenheim Securities
• HBSE
• HDNet Movies
• Hubbard Communications
• Logitech
• Los Angeles Dodgers
• Los Angeles Lakers
• Los Angeles Sparks
• Magnolia Pictures
• Ovation (American TV channel)
External links
References
- TWG Global Massinvestor, retrieved 2025-03-01^
- Todd Spangler. NBA Approves Mark Walter’s $10 Billion Deal for L.A. Lakers Variety, 2025-10-30, retrieved 2026-03-18^
- Bloomberg Billionaires Index: #231 Mark Walter Bloomberg, retrieved 2025-02-13