Private equity firm seeks to take control of LIV Golf from Saudi wealth fund

🇸🇦 Financial Times (SA) —

AI Summary

BC Partners is seeking to acquire the bankruptcy loan held by Saudi Arabia’s Public Investment Fund to gain control of LIV Golf and revive the league’s distressed assets. The proposed transaction links private equity, a sovereign wealth fund, and the future of the golf competition.

BC Partners looks to purchase Public Investment Fund’s bankruptcy loan in order to revive failed golf league assets

Markets Deals Sports BC Partners LIV Golf Saudi Public Investment Fund private equity bankruptcy loan distressed assets golf

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