Mark Walter

Mark Walter is an American businessman and the chief executive officer of Guggenheim Partners, a privately held global financial services firm with more than $325 billion in assets under management and headquarters in Chicago and New York. He is also the part-owner and chairman of the Major League Baseball franchise Los Angeles Dodgers and co-owner of Premier League club Chelsea F.C.
Biography
Walter is a Cedar Rapids, Iowa, native and graduate of Cedar Rapids Jefferson High School. He attended Creighton University before earning his Juris Doctor degree at Northwestern University. In 1996, he co-founded the Liberty Hampshire Company, LLC with Steven E. Johnson, in Chicago. In 2000, he helped found Guggenheim Partners. Today, he is the CEO of Guggenheim Partners, which has rapidly grown into a global, diversified financial services firm with more than $260 billion in assets under management, 2,300 employees, and 25 offices in six countries around the world.
On May 1, 2012, Walter helped lead Guggenheim Baseball Management, LLC, a private partnership formed in 2011 to acquire the Los Angeles Dodgers, in the successful purchase of the storied baseball franchise for $2.15 billion. His partners in Guggenheim Baseball Management include Peter Guber, Earvin “Magic” Johnson, Stan Kasten, Todd Boehly, and Bobby Patton. Billie Jean King and her partner Ilana Kloss joined the Los Angeles Dodgers ownership group in 2018. Entrepreneurs Alan Smolinisky and Robert L. Plummer joined the ownership group in September 2019.
On December 10, 2012, in its annual survey of the "50 Most Influential People in Sports Business," the SportsBusiness Journal named Walter the 8th most influential person in sports business due to the historic Dodgers purchase.
According to Forbes, Walter has personal stakes in Beyond Meat and Carvana. In 2021, it was reported that Walter had purchased numerous commercial and historic buildings in Crested Butte, Colorado for an unknown purpose.
Walter also serves as a trustee or director of several organizations including the Solomon R. Guggenheim Foundation, which is named after the Guggenheim family, Northwestern University and the Field Museum. In 2011, Walter made a $30,800 contribution to the Democratic National Committee, as well as a $5,000 contribution to Obama for America.
Walter and several of his partners also bought the Los Angeles Sparks basketball team in 2014.
He later joined the bid led by his partner Boehly to buy the English football club Chelsea in April 2022.
The 2018-19 PSA Squash World Championships presented by the Walter Family doubled the previous highest purse of $500,000 to $1 million. Each winner was guaranteed the largest paycheck in history. Mark and Kimbra Walter have contracted for four more $500,000 Windy City Opens and four more $1 million World Championships over the next eight years, through 2027.
On June 29, 2023, the Mark Walter Group and BJK Enterprises purchased the intellectual property and other key elements of the Premier Hockey Federation (PHF), a professional women's hockey league in the United States and Canada. Headed by Walter and Billie Jean King, respectively, both businesses had entered a partnership with the Professional Women's Hockey Players Association (PWHPA) in May 2022, with the intent to create a new professional women's ice hockey league in North America. The buyout changed the landscape in North American women's professional hockey, as it resulted in a single league, the Professional Women's Hockey League, with stakeholders from both the PHF and PWHPA. , the new league is expected to start in January 2024.
See also
White Oak Conservation
References
External links
LA Times profile
Guggenheim Partners
1960 births
Living people
American chief executives of financial services companies
BlueCo
Chelsea F.C. chairmen and investors
Los Angeles Dodgers executives
Los Angeles Dodgers owners
Major League Baseball executives