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Money Matters, Part 1: What’s at Stake for the Twins' Minority Owners?
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Still, we can learn a lot—about the Pohlads, the Twins, and the future of MLB—by probing their interest.
There's No Place like NoLoGeorge Hicks, the team’s press release would have us believe, is a “lifelong Twins” fan.
Hicks founded Värde Partners, a bread-and-butter hedge fund, in 1993, and remains Co-Executive Chair and a board member.
Notably, Värde and Hicks are betting on something that will require the Twins: a downtown revival of Minneapolis, and particularly the North Loop.
Square Burgers, Safe InvestmentsWhereas it's easy to understand Hicks's personal involvement, the story of the Glick Family Investments buying in is more of a head-scratcher.