Luxury Hotel Firm Aman Gets $360 Million From UAE Investors
Aman Group, which operates some of the world’s most expensive hotels, secured a $360 million investment from a group including a United Arab Emirates wealth fund and an investment firm backed by an influential member of that nation’s royal family.
BloomBerg.com and Aman
The investment values Aman, run by Chief Executive Officer Vlad Doronin, at $3 billion, the hospitality firm said Friday in a statement. The fresh funds come from a group that includes a unit of Abu Dhabi wealth fund Mubadala Investment Co. and Alpha Wave Ventures, a private equity fund co-managed by US firm Alpha Wave Global and Chimera Capital — part of a business empire overseen by Sheikh Tahnoon Bin Zayed.