Private equity fund that invests, directly or indirectly, in a diversified portfolio of existing hotel investments (low-yielding or low-cost) distressed(or, alternatively, in real estate-related assets that can be converted into a hotel investment, including securities giving exposure to such investments, loans or instruments). mezzanine, 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.

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