[citation needed] Fowler is the chairman and CEO of privately held Liquid Investments Inc., the parent company of former operating entities in California and Colorado.

The investment group distributed Miller, Coors, Heineken, and other beer brands; and had annual sales exceeding $300 million.

[10] The group, headed by then-Padres chief executive Jeff Moorad, attempted to buy the Padres from controlling owner John Moores for $530 million, but the deal fell through in April 2012.

[11][12] Fowler joined a new group to purchase the Padres that included four heirs to the O’Malley family—who owned the Los Angeles Dodgers franchise for five decades.

[14] As much as $200 million of the sale price included the team's 20-percent stake in Fox Sports San Diego, a cable channel that pays the Padres annual fees as part of a $1.2 billion, 20-year agreement.