The PGA Tour has winnowed the list of companies being considered as private equity partners in its new for-profit entity, and it includes some of the most prominent figures in American finance, Golfweek has learned. From more than a dozen initial suitors, five groups remain in the mix to be the primary investment partner in PGA Tour Enterprises, which was created with the June 6 announcement of a Framework Agreement with the Saudi Arabian Public Investment Fund, which is also expected to invest in the entity that could reshape the elite level of men’s professional golf.
