Key Takeaways
- • Steve Cohen secured founding team ownership rights in WTGL, the new women's team golf league launching in partnership with the LPGA, expanding Cohen Private Ventures' sports portfolio beyond TGL, PGA TOUR Enterprises, and the New York Mets.
- • Cohen Private Ventures will own and manage the New York WTGL team, leveraging the family office's track record with tech-forward sports formats that have demonstrated strong fan and partner engagement through TGL's success.
- • WTGL represents a strategic play on women's sports growth, with Cohen executives emphasizing observed momentum in women's golf participation and viewership, positioning the league as a vehicle to expand the sport's reach and commercial viability.
- • The New York market joins an exclusive founding ownership cohort, with WTGL preparing to launch in fall 2026 as a team-based format that applies the innovation model TGL has validated in professional men's golf.
- • Cohen's golf investment ecosystem now spans men's (TGL) and women's (WTGL) professional golf, integrating sports, media, and technology infrastructure across multiple levels of professional golf competition.
Summary
Cohen's investment reflects a broader conviction within Cohen Private Ventures regarding growth trajectories in women's sports and professional golf. According to Andrew B. Cohen, Chief Investment Officer and Co-Founder of CPV, "WTGL represents a compelling opportunity at the intersection of sports, media and technology." The family office points to TGL's performance—described as a "real success" by Cohen himself—as evidence that fast-paced, technology-forward formats can expand fan engagement and commercial viability. CPV leadership explicitly cited the family office's observation of "the surge in the game's popularity among women and girls" and broader momentum in women's sports investment and viewership.
The WTGL format mirrors TGL's model of team-based competition designed to appeal to modern audiences through innovative presentation and accessibility. Cohen stated the league "can do the same for women's golf, bringing the game to a broader audience and expanding its reach," while emphasizing his commitment to building "a world-class women's team that represents the best of New York." Terri Oronzio, Co-Head of Family Office Investments at CPV and Governor for the New York WTGL team, noted that women's sports have "experienced impressive growth in recent years," positioning WTGL as both a competitive opportunity and a capital allocation aligned with secular industry trends.
WTGL is scheduled to launch in fall 2026 with Cohen's New York team among its founding ownership group, representing a significant commitment to women's professional golf at a moment when institutional capital and high-net-worth investors are actively deploying assets into emerging sports platforms and leagues.
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