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GIC buys stake in Europe's HIP from Blackstone | Asia Asset Management

HIP Founder and Chief Executive Officer Alejandro Hernández-Puértolas says the partnership with GIC “is a further vote of confidence” in Europe’s reso. ....

Lee Kok Sun , Alejandro Hern , Hotel Investment Partners , Sani Ikos Group , Southern Europe , Pikos Group , Mediterranean Europe , Chief Executive Officer Alejandro Hern ,

GIC Invests in Blackstone-Linked Hotel Investment Partners

Singapore’s GIC Private Limited has invested in a 35% stake in Barcelona-based Hotel Investment Partners (HIP). Hotel Investment Partners is an owner of resort hotels in Southern Europe. Founded in 2015, HIP was acquired by funds managed by Blackstone in 2017. Blackstone will continue to be the majority shareholder in HIP with a 65% stake,…
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Alejandro Hern , Reig Capital Group , Morgan Stanley , Blackstone Group , Hotel Investment Partners , Blackstone Linked Hotel Investment , Barcelona Based Hotel Investment Partners , Southern Europe ,