Ariel Investments, a Chicago-based firm that manages $13.8 billion, is starting a new fund to buy up holdings in women’s ...

Mellody Hobson is not sweating the $110 million expansion fee that the new Denver NWSL franchise paid to get into the league. And she’s not worried about the millions she and the ownership group ...

Chicago-based Ariel pegged 2024 women’s sports revenue at $1.28 billion globally, up 300% in three years. Hobson said the ...