Saudi Sovereign Wealth Fund Joins the Fight with MMA Investment
Posted on 08/30/2023
SRJ Sports Investments is a new sovereign wealth enterprise (SWE) of Saudi Arabia’s Public Investment Fund (PIF). SRJ Sports Investments acquired a minority stake in the United States’ Professional Fighters League (PFL) and will create a regional tournament as the kingdom’s sports investment push expands into mixed martial arts (MMA). “Today marks a new milestone…