Alantra advised Oaktree on its investment regarding the establishment of a new ultra-high end luxury cruise concept together with The Ritz-Carlton

May 2017

Buy-side advisory

Alantra advised funds managed by Oaktree (“Oaktree”), a leading global alternative investment management firm, on its recent investment regarding the establishment of a new ultra-high end luxury cruise concept, which initially will start with three ships. The newly established concept, The Ritz-Carlton Yacht Collection, will be managed by a very experienced team of maritime industry veterans and The Ritz-Carlton.

The Ritz-Carlton Hotel Company currently operates more than 90 hotels and 40 residential properties in more than 30 countries. The hotel brand is looking to diversify its business with the launching of three luxury ships that will be built at the Spanish shipyard Hijos de J. Barreras (HJB). The vessels are conceived to offer the most exclusive yachting experience and its design will follow The Ritz-Carlton Hotels’ standards. The ships, the first of which will be sailing in 2019, will measure 190 meters, accommodate up to 298 passengers and feature 149 suites.

Oaktree is a leader among global investment managers specializing in alternative investments, with US$100 billion in assets under management as of March 31, 2017. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in distressed debt, corporate debt (including high yield debt and senior loans), control investing, convertible securities, real estate and listed equities. Headquartered in Los Angeles, the firm has over 900 employees and offices in 18 cities worldwide. For additional information, please visit Oaktree’s website at www.oaktreecapital.com.