Monarch Collective, a private equity firm, has announced an expansion of their fund to $250 million in order to continue fueling the boom in women’s sports. Despite not yet having an exit, the firm’s founders have secured an additional $100 million for their war chest, reflecting the growing interest and investment in leagues such as the NWSL.
This news comes as a welcome development for women’s sports, as increased funding can help support and grow these leagues, providing more opportunities for athletes and raising the profile of women’s sports on a broader scale. With the continued surge in popularity and interest in women’s sports, initiatives like Monarch Collective’s expansion of their fund are crucial in driving further growth and success in the industry.
The decision to increase their fund highlights the confidence that investors have in the future of women’s sports and the potential for significant returns on investment. By providing more resources and support to these leagues, Monarch Collective is helping to pave the way for even greater success and recognition for female athletes and teams.
Overall, this announcement signals a positive step forward for women’s sports and underscores the importance of continued investment and support in order to sustain and further fuel the ongoing boom in the industry. As interest in women’s sports continues to grow, initiatives like Monarch Collective’s fund expansion will play a key role in shaping the future of the industry and ensuring its continued success.
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