American multinational conglomerate holding company
TWG Global Holdings, LLC is an Americanmultinational conglomerate holding company with headquarters inChicago andNew York City . It is led byGuggenheim Partners co-founder and CEOMark Walter and investor and businessmanThomas Tull .
TWG Global was founded by Guggenheim Partners co-founder and CEOMark Walter as an investment vehicle andholdings company for his various investments in multiple industries.[ 1] [ 2] Thomas Tull joined the group as co-chairman in 2025, after running AI and machine learning focused holding group Tulco.[ 3] [ 4]
TWG is aconglomerate invested in seven different industries which include;financial services ,insurance ,artificial intelligence ,technology , sports and entertainment,energy andmerchant banking .[ 5] [non-primary source needed
Artificial intelligence [ edit ] TWG Global was created to form partnerships and make investments inartificial intelligence .[ 3]
In February 2025, TWG Global became one of six founding corporate members in the Generative AI Impact Consortium atMIT .[ 6] Palantir Technologies to create commercial AI tools for financial services companies.[ 7] [ 8] XAI joined the partnership with TWG and Palantir.[ 9]
TWG owns multiple financial services companies under its subsidiary Delaware Life Holdings, LLC, includingGroup 1001 Insurance[ 10] [ 11] [ 12] [non-primary source needed andGuggenheim Partners (Guggenheim Investments and Guggenheim Securities).[ 13]
In April 2025, Abu Dhabi sovereign wealth fundMubadala 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]
In 2012,Guggenheim Baseball Management bought theLos Angeles Dodgers of theMajor League Baseball for $2.15 billion.[ 15] [ 16] Los Angeles Sparks of theWomen's National Basketball Association .[ 17] [ 18]
In 2022,BlueCo bought theChelsea F.C. of thePremier League .[ 19] [ 20] RC Strasbourg Alsace of theLigue 1 .[ 21]
In 2025, Walter bought a majority stake of theLos Angeles Lakers of theNational Basketball Association at a $10 billion team valuation.[ 22] [ 23]
TWG announced in November 2024, that it had acquired full ownership of Americanauto racing teamAndretti Global .[ 24] Cadillac Formula 1 team , which at the time, had not been given approval to compete in the2026 Formula One World Championship by theFormula One Group .[ 25] Cadillac Formula 1 Team .[ 26] [ 24] [ 27]
On February 26, 2025, TWG Global announced the formation of a subsidiary known asTWG Motorsports to run TWG Global's motorsports organizations.[ 28] Dan Towriss , CEO of Guggenheim subsidiary Group 1001, was named the organization's CEO.[ 29] [non-primary source needed
TWG Motorsports will lead theCadillac Formula 1 Team withGeneral Motors , afterMichael Andretti stepped down from the program at the end of 2024.[ 30] [needs update
Subsidiaries and affiliates [ edit ] ^ "TWG Global" .Massinvestor . RetrievedMarch 1, 2025 .^ "Bloomberg Billionaires Index: #231 Mark Walter" Bloomberg .Archived from the original on November 7, 2024. RetrievedFebruary 13, 2025 .^a b Gara, Antoine; Kinder, Tabby (May 6, 2025)."Billionaire duo launches $15bn joint venture for AI-driven deals" Financial Times . RetrievedJuly 3, 2025 . ^ Metcalf, Tom (June 15, 2018)."Billionaire Who Helped Dark Knight Rise Goes All-In on AI" Bloomberg .Archived from the original on June 7, 2021. RetrievedJuly 3, 2025 . ^ "Portfolio | TWG Global Finance" .TWG Global . RetrievedMarch 1, 2025 .^ McDonnell, Liam (February 3, 2025)."Introducing the MIT Generative AI Impact Consortium" .MIT News . RetrievedJuly 15, 2025 . ^ Hall, Georgia (March 5, 2025)."Palantir to Expand AI Across Financial Firms Through TWG Venture" Bloomberg .Archived from the original on March 5, 2025. RetrievedJuly 14, 2025 . ^ Edgecliffe-Johnson, Andrew (March 5, 2025)."New Palantir venture targets finance industry's AI spending" .Semafor . RetrievedJuly 14, 2025 . ^ "Musk's xAI joins TWG Global, Palantir for AI push in financial sector" .Reuters . May 6, 2025. RetrievedJuly 14, 2025 .^ "Organization Chart of the Registrant, the Depositor and DLIC Holdings, LLC" .SEC . RetrievedMarch 1, 2025 .^ "Organization Chart of Delaware Life Holdings Parent, LLC" .SEC . RetrievedMarch 1, 2025 .^ "Delaware Life Holdings Parent II LLC - Company Profile" Bloomberg . RetrievedMarch 1, 2025 .^ Maddaus, Gene (October 6, 2015)."Who Is Dodgers Owner Mark Walter and Where Did He Get All That Money?" .LA Weekly . RetrievedMarch 1, 2025 . ^ Parasie, Nicolas; Nair, Dinesh (April 30, 2025)."TWG Takes Stake in Mubadala Capital With $2.5 Billion Commitment" Bloomberg .Archived from the original on May 7, 2025. RetrievedJuly 14, 2025 . ^ "Who spent what: Breaking down the $2-billion Dodgers sale" .Los Angeles Times . December 16, 2012. RetrievedMarch 1, 2025 .^ Shaikin, Bill (May 1, 2012)."Dodgers sale closes; McCourt era ends" Los Angeles Times . RetrievedSeptember 18, 2019 . ^ Rohlin, Melissa (February 5, 2014)."Magic Johnson and other Dodgers owners purchase the Sparks" Los Angeles Times . RetrievedMarch 1, 2025 . ^ Block, Alex Ben (February 5, 2014)."Magic Johnson and Mark Walter Lead Acquisition of L.A. Sparks" .The Hollywood Reporter . RetrievedJune 28, 2025 . ^ "Group Tax Strategy" .Chelsea F.C .Archived from the original on April 5, 2023. RetrievedApril 4, 2023 .^ "Chelsea takeover: Todd Boehly's £4.25bn bid approved by government as Roman Abramovich era set to end" . Sky Sports. May 25, 2022.Archived from the original on May 25, 2022. RetrievedMay 25, 2022 .^ "Chelsea owners buy majority stake in Strasbourg" .BBC Sport . RetrievedJune 30, 2023 .^ "Sources: Buss family to sell Lakers at $10B valuation" .ESPN.com . June 18, 2025. RetrievedJune 18, 2025 .^ "NBA Board of Governors approves sale of majority interest in Lakers to Mark Walter" .NBA.com . October 30, 2025. RetrievedOctober 30, 2025 .^a b Brown, Nathan."Andretti Global parent company unveils longtime NASCAR executives as new leaders" .The Indianapolis Star . RetrievedMarch 1, 2025 . ^ Wolkin, Joseph."Andretti Global Clears FIA Approval To Create A Formula 1 Team" .Forbes . RetrievedMarch 1, 2025 . ^ Smith, Luke (December 2024)."General Motors enters the grid: Why F1 changed its tune after rejecting Andretti" .The New York Times .ISSN 0362-4331 . RetrievedMarch 1, 2025 . ^ "GM, Cadillac agree deal for new 2026 F1 entry - Andretti absent" .The Race . November 25, 2024. RetrievedMarch 1, 2025 .^ Motorsports, T. W. G."TWG Global launches TWG Motorsports with brands across F1, INDYCAR, NASCAR and IMSA" .www.prnewswire.com (Press release). RetrievedMarch 1, 2025 . ^ gabbyhamill (February 26, 2025)."TWG Global launches TWG Motorsports with brands across F1, INDYCAR, NASCAR, Formula E and IMSA" .Andretti Global . RetrievedMarch 1, 2025 . ^ Smith, Luke (March 7, 2025)."Cadillac gets final approval to join F1 grid as 11th team in 2026" .The New York Times .ISSN 0362-4331 . RetrievedJuly 3, 2025 . ^ "TWG Merchant Banking" .TWGglobal.com .^ "TWG Merchant Banking" .TWGglobal.com .^ "TWG Hires Top Biden Middle East Envoy Hochstein for AI, Energy" .Bloomberg .^ "Teton Ridge Acquires The Cowboy Channel, The Cowgirl Channel, Expands Western Sports Footprint" .Forbes .
