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Investors - FEBRUARY 18, 2022

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Noble Investment Group and Host Hotels & Resorts develop strategic alliance

by Andrea Zander

Noble Investment Group and Host Hotels & Resorts have formed a strategic alliance to serve the travel, hospitality and leisure industry. The firms did not comment on the alliance.

According to people familiar with the partnership, the alliance includes a significant investment by Host as a limited partner in Noble’s latest and largest institutional fund to date, which is anticipated to make $3 billion in hospitality investments.  This is coupled with a minority investment in Noble’s fee-based asset management business, separate from Noble’s investments in its existing funds.

The structure aligns with Host’s interests with a best-in-class vertically integrated operator. The investment allows CEO Mit Shah and the Noble team to remain focused on execution across the risk spectrum while benefiting from the extensive resources of the Host platform, including sourcing opportunities, research and ESG infrastructure. Host will provide Noble an exclusive first lo

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