The International Tennis Federation and TWG Global, a holding company led by businessman and philanthropist Mark Walter, agreed to form Billie Jean King Cup, a the women’s World Cup of Tennis. Financial terms were not disclosed. “I believe sports are one of the most essential avenues for social change and can make a real difference in developing a more equitable society. I am grateful to Billie Jean King and Ilana Kloss for all that they have done to foster gender equity in sports and I am proud to again partner with them to realize our shared mission of vibrant, competitive, and equitable women’s sports. TWG Global is thrilled to work with BJKE and ITF to make tennis a more balanced game for the women who compete and to encourage more great female athletes to follow in the footsteps of Billie Jean to push the sport of tennis forward,” Mark Walter, TWG Global Founder.