investment fund

The sentence comes after Hwang was found guilty of fraud and market manipulation in a case linked to the failure of his investment fund Archegos Capital Management in 2021.

Saudi Arabia's Public Investment Fund owns a majority stake in Newcastle, as the country continues to invest millions into sport.

Rory McIlroy, a critic of LIV Golf, says Donald Trump’s presidential win could hasten a deal between the PGA Tour and the Saudi Public Investment Fund that owns LIV.

Rory McIlroy has never been a supporter of the Saudi Public Investment Fund and LIV Golf.

Last month, the Times reported that the UK's senior intelligence service MI6 was involved in discussions with the British government over the Saudi Arabia-backed Public Investment Fund's takeover of Newcastle United, which was finalised in 2021, leading to concerns about government involvement in decisions about the running of football clubs.