BOSCALT EUROPEAN INVESTMENTS, FCR

Venture capital fund that invests, directly or indirectly, in a diversified portfolio of existing hotel investments (underperforming or distressed) (or, alternatively, in real estate-related assets that can be converted into a hotel investment, including securities that provide exposure to this type of investment, loans or mezzanine instruments), predominantly in European cities that attract business and leisure travelers; the fund is managed by Edmond de Rothschild (Private Equity Luxembourg) S.A. and advised by Boscalt Partners, specialists in hotel assets.