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PIF will become the title sponsor of revamped golf series.Severn ImagesSaudi Arabia is deepening its investment in women’s professional golf.The Public Investment Fund, the sovereign wealth fund of Saudi Arabia, announced on Wednesday that it will become the title partner of five events that will take place on the the Ladies European Tour.Terms of the deal were not disclosed.As part of this latest deal, the tour will revamp the five events, which will be collectively rebranded as the PIF Global Series. The events take place in Riyadh, Saudi Arabia; Seoul, South Korea; London; Houston; and Shenzhen, China.”PIF continues to be…

Bennett Thrasher, a Top 75 Firm based in Atlanta, has steered clear of private equity funding so far and plans to remain independent, despite frequent calls and emails from PE suitors.”Our firm has been doing quite well,” said Bennett Thrasher managing partner and CEO Jeff Call. “We grew double digits in total revenue last year, about 11% total. Our challenges on the personnel side have not been as much of a problem for us. We’ve been able to attract a lot of good talent, so we don’t feel like we’re really constrained in that way. We have been able to…

Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023.Brandon Bell | Getty ImagesDETROIT — Carvana’s first-quarter results easily topped Wall Street’s expectations as the company reported record sales driven by higher-than-expected industry demand amid fears of price increases due to automotive tariffs.Here’s how the company performed in the first quarter, compared with average estimates compiled by LSEG:Earnings per share: $1.51 vs. 67 cents expectedRevenue: $4.23 billion vs. $3.98 billion expectedThe online used vehicle retailer reported a 46% increase in year-over-year sales during the first three months of the year to nearly 134,000 units. Carvana…