BC Partners seeks control of LIV Golf from Saudi wealth fund, FT reports
Sunday, November 8, 2026 · first reported by The Straits Times
BC Partners is trying to take control of LIV Golf's Chapter 11 process, the Financial Times reported, citing people familiar with the matter. The London-based private equity firm wants to buy a $50 million bankruptcy loan, the debtor-in-possession financing, from Saudi Arabia's Public Investment Fund.
The move follows LIV's announcement on Thursday that it would liquidate. BC Partners has told counterparties it still backs a global team golf group and will commit more money and time to a LIV successor. Reuters could not verify the report, and BC Partners declined to comment.
- Firm
- BC Partners
- Also named
- LIV Golf, Public Investment Fund
- Asset class
- Private equity
- Geography
- Europe
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