A $55 billion deal recently saw EA, the publisher behind games like Battlefield 6 and The Sims 4, sold to Saudi Arabia's Public Investment Fund, Silver Lake, and Jared Kushner's Affinity Partners – but amid the buyout, it seems the PIF is struggling financially.
The news comes following a New York Times report, which outlines how the PIF is now looking to turn its dwindling finances around, according to 11 unnamed sources familiar with the fund – board members, currency employees, investors, and their representatives, as the article details. What's behind the supposed shortage of capital, though? The plethora of different projects the PIF has been used for, apparently.
