oaktree capital management
Trinity Investments, Funds Managed by Oaktree Capital Management, and Funds Managed by UBS Asset Management Acquire Park Hyatt Zurich
Trinity Investments | April 4, 2024
The acquisition marks Trinity’s entry into Europe and extends relationships among the three firms LONDON--A joint partnership among Trinity Investments (“Trinity”), funds managed by Oaktree Capital Management (“Oaktree”), and funds managed by UBS Asset Management’s Real Estate & Private Markets Multi-Managers business (“UBS AM REPM MM”) has acquired Park Hyatt Zurich, a 138-key luxury hotel with ancillary office and parking elements. The joint partnership purchased the hotel from an affiliate of Hyatt Hotels Corporation, and the hotel will remain branded as Park Hyatt Zurich under a long-term management agreement with...
Trinity Investments and Oaktree Acquire 530-Key Hyatt Regency Indian Wells Resort & Spa
Trinity Real Estate Investments LLC | April 4, 2022
INDIAN WELLS, CA - April 4, 2022 - A joint venture among funds managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC (“Trinity”), and funds managed by Oaktree Capital Management, L.P. (“Oaktree”) today announced the acquisition of Hyatt Regency Indian Wells Resort & Spa, a 530-key hotel located in the Greater Palm Springs area, one of the top drive-to resort markets in the country. Trinity and Oaktree intend to undertake a multi-million-dollar capital improvement plan to reposition the resort, and Hyatt Corporation will continue to manage Hyatt Regency Indian Wells Resort & Spa under a long...
Trinity Investments and Oaktree Acquire 305-Key W Hollywood
Trinity Real Estate Investments LLC | December 21, 2021
LOS ANGELES - December 21, 2021 - A joint venture among funds managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC (“Trinity”), and funds managed by Oaktree Capital Management, L.P. (“Oaktree”) today announced the acquisition of W Hollywood, a 305-key luxury hotel located in the heart of Hollywood. Following the transaction, Trinity and Oaktree will undertake a multi-million-dollar capital improvement plan that will both elevate the hotel as well as enhance Marriott International’s design and positioning of the W Hotels brand globally as it evolves to meet the future needs of luxury travelers. ...
Cloud5 Communications Announces Recapitalization Led by Oaktree
Cloud5 Communications | October 22, 2019
CHICAGO (October 22, 2019) – Cloud5 Communications (“Cloud5” or “The Company”) announced today that funds managed by Oaktree Capital Management, L.P. (“Oaktree”), one of its primary investors, has acquired a majority interest position in the Company. Cloud5 Communications is a leading provider of communications solutions for the world’s top hotel brands and management companies. In this transaction, Oaktree recapitalized the Company and invested additional growth capital to support its continued expansion. Oaktree is majority owned by Brookfield Asset Management Inc., who together have over $500 billion of assets under man...
Fairmont San Francisco Hotel Interests Sold to Mirae Asset Global Investments for $450 Million
Oaktree | November 25, 2015
SAN FRANCISCO--November 25, 2015--The companies that own world renowned Fairmont San Francisco Hotel atop Nob Hill were sold today for $450 million by a partnership between funds managed by Oaktree Capital Management, L.P. ("Oaktree") and real estate investor Michael Rosenfeld's Woodridge Capital Partners LLC. Kingdom Holding Company (KHC) was also part of the selling group. The buyer is comprised of affiliated companies of Mirae Asset Global Investments, a large financial services company based in Seoul, Korea. Mirae is a pioneering financial services company that introduced the first mutual funds to Korea in 1998. Fairmont Hotels &...
Timbers Resorts to Develop and Manage Hokuala, A New Oceanfront Resort On The Island Of Kaua’i
Timbers Resorts | October 27, 2015
CARBONDALE, Colo., Oct. 27, 2015 -- Timbers Resorts, one of the largest independent developers and operators of private boutique resorts and residence clubs, today announced an expansion of its brand to Kaua'i and plans to develop and manage 450 acres on the island's southeast coast. Hokuala, which means "rising star" in Hawaiian, will become the newest resort in the Timbers portfolio, which currently includes the #1 Resort in Europe, Castello di Casole, and the #2 Resort in the U.S., The Sebastian – Vail by Travel + Leisure Magazine. This unique oceanfront resort community will offer residents and guests unobstr...
