Minnesota Twins ownership has finalized the purchase of portions of the franchise by three different investors, limited partnerships the Pohlad family sought for a fresh infusion of cash and strategy after deciding earlier this year to retain control of the club.

The Twins also announced Wednesday a plan to make Tom Pohlad the controlling owner and primary liaison to the league in place of his younger brother, Joe Pohlad, as part of a new executive leadership structure coinciding with the new investors.