(Bloomberg) -- Todd Boehly, the former president of Guggenheim Partners, has sold his stake in the investment house and left its board, according to people with knowledge of the matter.
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Boehly, 45, left Guggenheim in 2015 to found Eldridge Industries LLC, a closely-held investment firm with stakes in entertainment, finance, insurance and real estate assets. He’s the firm’s chairman and chief executive officer. He couldn’t be reached for comment.
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Boehly remains a minority owner of Major League Baseball’s Los Angeles Dodgers, which is majority owned by Guggenheim Partners CEO Mark Walter.
A spokesman for Guggenheim, which oversaw more than $265 billion in assets as of March 31, declined to comment.
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