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BC Partners
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- 1
Private equity firm BC Partners has disclosed the initial size of its investment in LIV Golf, the Saudi-backed golf circuit. The disclosure offers a first look at how deeply the firm is exposed to the league as it seeks outside capital following its merger-era restructuring. The sum and terms were not detailed beyond the initial figure, and neither BC Partners nor LIV Golf has offered further comment.
- 2LIV Golf secures credit funding from BC Partners●LIV Golf secures BC Partners ' credit funding to support restructuring
LIV Golf has obtained credit financing from private equity firm BC Partners to support a restructuring of the Saudi-backed golf circuit. The deal gives the league fresh funding as it reorganises its operations, and it is drawing attention because of LIV Golf's ongoing efforts to stabilise its business model and its unresolved position within the professional golf landscape.