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In April 2025, TWG Global and Mubadala Capital announced an investment partnership that involved Mubadala Capital investing $10 billion into TWG Global as part of a $15 billion equity raise. Mubadala Capital is the alternative asset branch of Abu Dhabi’s sovereign wealth fund. TWG Global is a holding company of which Walter is the CEO. TWG Global owns multiple sports assets, such as the Dodgers, Lakers, Sparks (WNBA) and the Professional Women’s Hockey League. A month and a half later, there was an announcement that the Lakers had sold for $10 billion. Let’s do some quick math: TWG Global gets an investment of $10 billion from Abu Dhabi’s wealth fund. A month and a half later, TWG Global buys the Lakers at a $10 billion valuation.

Should Walter be approved, it would give him one the most valuable collection of professional sports franchises in the world. He is the controlling owner of the Los Angeles Dodgers, who begin the World Series on Friday night in Toronto. Walter also owns the WNBA's Los Angeles Sparks, the Billie Jean King Cup, the new Cadillac Formula 1 team and the Professional Women's Hockey League. He is a part owner of Chelsea FC of the English Premier League.
