Ariel Investments’ Project Level Hits $250m First Close for Women’s Sports
Managed by Ariel Investments—which oversees approximately $14.3 billion in assets—Project Level has emerged as one of the largest funds globally dedicated exclusively to the women’s sports sector. Led by Ariel’s co-CEO and president Mellody Hobson, the fund views women’s sports as a premier, underappreciated growth opportunity. Market Signals and Valuation Growth Hobson highlighted that the…