Hospitality company Aman Group has secured a $360m investment from a group consisting of a unit of Abu Dhabi wealth fund Mubadala Investment Co and a private equity fund that is co-managed by Alpha Wave Global and Chimera Capital, according to Bloomberg.
With this investment, the valuation of the hospitality company, which is led by CEO Vlad Doronin, has touched $3bn.
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Chimera Capital is part of a business empire overseen by Sheikh Tahnoon Bin Zayed, an influential member of the UAE’s royal family.
Doronin said: “The validation of Aman’s strategy by prominent investors in regions where we have considerable expansion planned enables us to leverage the extraordinary potential of the Aman brand and accelerate the pipeline to deliver sustainable growth.”
In 2022, Aman Group received a $900m investment from Saudi Arabia’s Public Investment Fund and Cain International.
Currently, the group has 34 hotels, resorts and residence development projects spanning 20 countries.
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By GlobalDataAmong the properties, 15 are situated near or within UNESCO-protected areas.
The company has unveiled ten more projects as part of its future development plan.
In April this year, Aman Group and Saudi-based Diriyah Company announced plans to develop two tourism destinations in Saudi Arabia.
Former tennis player Maria Sharapova joined Aman Group as its global wellness ambassador, according to Travel + Leisure.
Under this partnership, Sharapova will develop wellness retreats at select Aman properties, beginning in 2024.
