Apollo-to-Goldman Embrace of Life Insurers Spurs State Concerns

Apollo-to-Goldman Embrace of Life Insurers Spurs State Concerns

Kevork Djansezian/Getty Images

Guggenheim’s insurance units bought part of the Los Angeles Dodgers last year, when Guggenheim CEO Mark Walter led a $2 billion purchase of the baseball team. Its insurance arms invested about $100 million, according to a person close to the company who spoke on condition of anonymity.