Fundraising - JULY 18, 2017

Aina Hospitality plans to invest €600m in second fund

by Andrea Waitrovich

Aina Hospitality, the management company that specializes in the hotel sector and is promoted by wealth management group Edmond de Rothschild, has plans to launch a €600 million ($695 million) fund, according to Expansión.

Aina II will focus on superior four-star and five-star hotels.

On Sept. 15, the company will launch Aina II, which will have an investment capacity of €600 million with a first close schedule to be in March 2018.

The company will invest in markets outside the euro zone, such as the United Kingdom, Switzerland and the Scandinavian countries, Barcelona, and Madrid.

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