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Mark Ein Joins Baltimore Orioles Ownership Group

Professional discussion among Baltimore Orioles owners

News Summary

Mark Ein has acquired a minority ownership stake in the Baltimore Orioles, joining an ownership group led by David Rubenstein. The specifics of Ein’s share remain undisclosed, but his involvement aims to strengthen ties with the Washington, D.C. business community. Ein brings extensive experience as the founder of Venturehouse Group and a history of significant investments in various sectors, including sports. His addition signals a strategic move to enhance the Orioles’ local engagement and community presence within the region.

Baltimore, Maryland – Mark Ein Joins Orioles’ Ownership as Minority Stakeholder

Mark Ein has become a part of the Baltimore Orioles ownership group by acquiring a minority ownership stake in the team. The confirmation of Ein’s involvement was publicly announced by an Orioles spokesperson. However, specific details regarding the size of Ein’s ownership share have not been disclosed.

Details of the Investment and Leadership Background

Bloomberg was the first to report on Ein’s new investment stake in the Orioles. Ein joins an ownership group led by David Rubenstein, who purchased the team in August 2024 for $1.7 billion. Ein and Rubenstein are known to have a history together, having worked at The Carlyle Group for approximately eight years, which establishes a professional connection between the two.

Goals and Motivations Behind Ein’s Involvement

One of the primary objectives of Ein’s addition to the Orioles’ ownership is to deepen the team’s relationship with the Washington, D.C. business community. Ein expressed enthusiasm about joining the historic franchise and noted his admiration for Rubenstein in a public statement.

Ein’s Business and Investment Portfolio

Ein is the founder and CEO of Venturehouse Group, a private equity firm. Additionally, he serves as the chairman of Kastle Systems, a leading security company based in Virginia. Beyond these roles, Ein owns the Washington City Paper and holds a co-chair position on the board of Lindblad Expeditions.

Throughout his career, Ein has been involved in starting or supporting early-stage growth of six companies valued at over $1 billion each. He was also involved in the acquisition of the Washington Commanders in 2023 as part of a group led by Josh Harris for over $6 billion.

Sports and Community Engagements

Ein is a part-owner of Leeds United, an English Premier League football team. He has also significantly contributed to the Washington tennis scene by acquiring the DC Open in 2019. His previous ownership included the Washington Kastles, a team in the World TeamTennis league, which won six championships under his tenure.

Other Ownership Connections in the Washington Area

The Orioles’ minority ownership group also includes several other businessmen from the Washington, D.C. area. Notable members are Greg Baroni, who owns local sports teams including the Aberdeen IronBirds, and Michele Kang, the owner of the NWSL Washington Spirit. These inclusions demonstrate ongoing efforts to strengthen ties between the Orioles and the Washington-area business community.

Summary

Mark Ein’s addition to the Orioles’ ownership group marks a strategic move aimed at enhancing the franchise’s connection with regional business leaders, particularly from the Washington, D.C., area. While the exact proportion of his ownership has not been made public, his involvement is part of broader efforts to expand the team’s local engagement and strengthen its community ties in that region.

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Additional Resources

STAFF HERE BALTIMORE WRITER
Author: STAFF HERE BALTIMORE WRITER

The BALTIMORE STAFF WRITER represents the experienced team at HEREBaltimore.com, your go-to source for actionable local news and information in Baltimore, Baltimore County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Baltimore Book Festival, Preakness Stakes, and Artscape. Our coverage extends to key organizations like the Baltimore Chamber of Commerce and Visit Baltimore, plus leading businesses in shipping and healthcare that power the local economy such as the Port of Baltimore and Johns Hopkins Medicine. As part of the broader HERE network, we provide comprehensive, credible insights into Maryland's dynamic landscape.

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