League One Volleyball lands additional investment of $100 million with 1st pro season nearing launch ...Middle East

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League One Volleyball lands additional investment of $100 million with 1st pro season nearing launch
source : News channel ( Middle East ) () 116
Three investment groups have committed a combined $100 million in new funding for League One Volleyball, which owns dozens of junior clubs across the country and will operate a professional league that will launch in January. League One Volleyball, branded as LOVB and pronounced “LOVE,” on Thursday announced the Los Angeles-based private equity firm Atwater Capital is the lead investor and joined by existing New York-based investors Ares Management and Left Lane Capital. The new investment is in addition to the $60 million LOVB has raised from, among others, Olympic skier Lindsey Vonn, basketball stars Candace Parker and Kevin Durant, and entertainers Amy Schumer and Chelsea Handler.

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