Venus Williams has joined private equity firm Topspin Consumer Partners as an operating partner, the latest endeavor in the world of business by a top tennis champion who has emerged as a prolific entrepreneur.
Williams will work with companies owned by Topspin on their marketing strategies and investment opportunities, the firm said in a statement on Wednesday. Williams started working for Topspin last November, the firm added.
Williams accepted the role because she wanted to take a more formal approach to investing and help grow businesses, Topspin managing partner and co-founder Leigh Randall said in an interview. "She's been looking and participating in conversations on every new deal we consider here," Randall said. Williams, 42, is at a crossroads in her tennis career. After winning seven Grand Slam titles, five Wimbledon championships and four Olympic gold medals, she pulled out of the Australian Open in January because of injuries.
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