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David Mark Rubenstein (born August 11, 1949) is an American lawyer, businessman, and philanthropist. A former government official, [2] he is a co-founder and co-chairman of The Carlyle Group, [3] [4] a private equity firm based in Washington, D.C. Rubenstein is also the principal owner of the Baltimore Orioles of Major League Baseball (MLB), acquiring the team in 2024 for $1.7 billion.
David Rubenstein, co-chairman of the private equity firm The Carlyle Group, has been approved as the new owner of the Baltimore Orioles. (Photo by FABRICE COFFRINI/AFP via Getty Images) (FABRICE ...
Carlyle was founded in 1987 as a boutique investment bank by five partners with backgrounds in finance and government: William E. Conway Jr., Stephen L. Norris, David Rubenstein, Daniel A. D'Aniello and Greg Rosenbaum. [6]
A famous Carlyle Christmas video from 2014 featured the cofounder hilariously rapping about finance while wearing Beats headphones, a Carlyle investment. (Rubenstein received the Presidential ...
Rubenstein’s investor group initially has agreed to buy 40% of the Major League Baseball franchise from the Angelos family. Group led by Carlyle’s David Rubenstein, a Baltimore native, agrees ...
Carlyle Group Inc. co-founder David Rubenstein has reached an agreement to buy the Baltimore Orioles for $1.725 billion, according to a person with knowledge of the deal. Rubenstein, a Baltimore ...
[7] [8] In 1987, Conway founded The Carlyle Group with David Rubenstein and Daniel A. D'Aniello. The firm has grown into a global investment firm with $293 billion of assets under management, with more than 1,800 employees in 31 offices on six continents. [7] [8] [4] [9]
Rubenstein and his investor group were expected to close the purchase later Wednesday. “To own the Orioles is a great civic duty,” Rubenstein, a Carlyle Group Inc. co-founder, said in a statement.