Mark Walter sought loan from Apollo backed by Lakers stake

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team : Aug 18, 2026, 7:09:54 PM

Mark Walter sought loan from Apollo backed by Lakers stake

Mark Walter Explored Loan from Apollo with Lakers Stake as Security

Mark Walter, chief of Guggenheim, was involved in discussions with Apollo regarding a potential loan. The loan was intended to be backed by a stake in the Los Angeles Lakers basketball team. Negotiations continued until Walter finalized an agreement to sell his holding in the team.

Original Source: https://www.ft.com/content/59c06284-d1fd-4223-8e70-e68956b219da?syn-25a6b1a6=1
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