Aug 13 (Reuters) - Billionaire Mark Walter offered to pledge

his equity stake in Guggenheim Partners as part of a broader

effort to raise billions of dollars for his insurance companies

in recent weeks, Bloomberg News reported on Thursday.

Investors were offered double-digit yields to lend capital

to Walter's TWG Global holding company, the report added, citing

people familiar with the matter.

TWG has been exploring a range of deals with investors in a

bid to clean up loans on the balance sheet of its insurance

companies, Delaware Life and Clear Spring Life and Annuity, that

have drawn scrutiny from federal prosecutors, it said.

Those talks have continued even after a deal was struck to

sell Walter's Los Angeles Lakers basketball team, Bloomberg News

reported.

Guggenheim Partners and TWG did not immediately respond to

Reuters' requests for comment. Reuters could not independently

verify the report.

Venture capitalist Joshua Kushner and former Disney CEO ​Bob

Iger are set to purchase the Los Angeles Lakers, with the deal

valued at a record $12.5 billion, Reuters reported earlier this

week, citing sources.

Walter had purchased a majority stake in the NBA team last

year in a deal that valued the club at $10 billion.

Walter is CEO of the parent company of Guggenheim

Securities, the firm's brokerage, and Guggenheim Investments,

its money manager.

Separately, the Financial Times reported earlier this week

that Rob Camacho, who joined Walter's firm TWG Global from

Blackstone two years ago, has approached investors in recent

weeks to refinance some of the loans held by the TWG insurers,

as part of a plan developed with regulators.

Walter's company has thrown out a number of differently

structured deals to help pay down or restructure the loans on

the books of his insurance companies, the Bloomberg News report

said.

(Reporting by Manya Saini in Bengaluru; Editing by Shinjini

Ganguli)