Sports
Investor Behind Tiger Woods Deal Wants to Keep Buying Up Golf
- TaylorMade recently struck clothing deal with Tiger Woods
- Centroid raising $500 million fund for new acquisition
Centroid Investment Partners has quietly become a major player in the golfing industry, a rise marked by last week’s announcement by TaylorMade of a new clothing line with Tiger Woods.
Founder Jinhyeok Jeong is already looking for his next deal. Centroid — which bought TaylorMade in 2021 — is currently raising a $500 million fund, and is in the early stage of reviewing a US company for acquisition, potentially worth over $1 billion, he said in an interview.