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TCI puts $636m into Italian luxury hotel debt

hedgeweek

1 month ago

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Sir Christopher Hohn’s TCI has built a $636m portfolio of loans backed largely by Italy’s most exclusive hotels, giving the hedge fund exposure to a luxury hospitality market benefiting from strong demand and limited supply, according to a report by the Financial Times.
The investment represents a relatively little-known part of TCI’s wider $77bn master fund. Hohn is better known for concentrated equity positions in companies such as Alphabet, GE Aerospace and Vinci, but the fund has also been b...

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