MEMORANDUM TO: Clients and Friends of Ariel Investments FROM: Mellody Hobson, Co-CEO and President DATE: February 3, 2026 RE: Project Level First Close MEMORANDUM TO: Clients and Friends of Ariel Investments FROM: Mellody Hobson, Co-CEO and President DATE: February 3, 2026 RE: Project Level First Close I am pleased to announce Project Level has completed…

Why Mellody Hobson is Optimistic About the Future of Women’s Sports Sportico Sports BusinessNovember 4, 2025 Project Level Founder Mellody Hobson joined YES Network and Sportico Sports Business to discuss the acceleration in women’s sports. She highlighted the evolving landscape of sports fandom and her commitment to investing in a sector that is growing quickly yet remains…

TIME Latino Leaders 2025: Emma Rodriguez-Ayala TIMESeptember 16, 2025 Ariel Investments’ Chief Administrative Officer and General Counsel Emma Rodriguez-Ayala was named to TIME’s Latino Leaders 2025 list, where she was spotlighted for her work on Project Level. TIME Latino Leaders 2025: Emma Rodriguez-Ayala TIMESeptember 16, 2025 Ariel Investments’ Chief Administrative Officer and General Counsel Emma…

CNBC “Squawk Box”August 7, 2025 Ariel Investments Co-CEO and Project Level Founder Mellody Hobson joined CNBC’s “Squawk Box” at the Aspen Economic Strategy Group Annual Meeting to discuss how the underappreciated growth and value embedded in women’s sports present a compelling long-term investment opportunity, citing Project Level’s investments in professional teams like Denver Summit FC…

MEMORANDUM TO: Friends of Project Level FROM: Mellody Hobson, Founder and Chairwoman, Project Level DATE: July 28, 2025 RE: Former ESPN President John Skipper joins our Advisory Board MEMORANDUM TO: Friends of Project Level FROM: Mellody Hobson, Founder and Chairwoman, Project Level DATE: July 28, 2025 RE: Former ESPN President John Skipper joins our Advisory Board I…

Ariel Investments Co-CEO and Project Level Founder Mellody Hobson joined Bloomberg’s “The Deal” podcast – hosted by Alex Rodriguez and Jason Kelly – in front of a live audience at this year’s Bloomberg Invest conference in New York City.

Yahoo FinanceMay 7, 2025 Project Level Managing Partner and Head of Investments Jason Wright spoke with Yahoo Finance Executive Editor Brian Sozzi at the 2025 Milken Global Conference, sharing why women’s sports are the “small-caps” of their asset class and a growth engine for sports investing. In this interview, Jason Wright candidly discusses his opinions…

CNBC SportMay 7, 2025 Project Level Managing Partner and Head of Investments Jason Wright spoke with CNBC Anchor Brian Sullivan at the 2025 Milken Global Conference, sharing how Project Level plans to capitalize on a generational shift in women’s sports and why the fund is pursuing youth sports investments like League One Volleyball (LOVB). In…

Milken InstituteMay 6, 2025 Project Level Managing Partner and Head of Investments Jason Wright took the stage at the 2025 Milken Global Conference alongside Willow Bay (Co-Owner of Angel City FC), Sam Kennedy (Partner and CEO of Fenway Sports Group) Rich Paul (Founder and CEO of Klutch Sports Group) and Alex Rodriguez (Co-Owner, Minnesota Timberwolves…

In this interview, Mellody Hobson and Jason Wright candidly discuss their opinions on the sports investing market and on private investments that may have, at the time of the interview, been held in one or more of Project Level’s strategies.