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The WNBA's Expansion into Cleveland is Powered by PE

By Bloomberg Markets and Finance April 24, 2026 Neutral
The WNBA's Expansion into Cleveland is Powered by PE
In this episode of The Deal, Kara Nortman breaks down for Alex Rodriguez and Jason Kelly how Monarch, her private equity firm, became the first PE firm approved to invest in the WNBA and why they chose Cleveland as their team -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute m
In this episode of The Deal, Kara Nortman breaks down for Alex Rodriguez and Jason Kelly how Monarch, her private equity firm, became the first PE firm approved to invest in the WNBA and why they chose Cleveland as their team -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.