Hong Kong-based real estate private equity firm Gaw Capital Partners is planning to acquire the Four Seasons Hotel in Bora Bora in the French Polynesia from the hotel's owner and developer Thierry Barbion.
Numerous Chinese billionaires and investors including Tencent Holdings Ltd.'s founder Pony Ma and founding managing partner of Sequoia Capital China Neil Shen also are joining Gaw in the purchase. Other investors are Meridian Capital managing partner Askar Alshinbayev, Tencent's president Martin Lau and chief strategy offer James Mitchell, and founder of Los Angeles-based Riot Games Brandon Beck.
No financial details were disclosed, but Gaw is reportedly seeking a loan of up to EUR100 million (US$105.7 million) to buy the resort.
In 2015, Gaw led an investor consortium to acquire the InterContinental Hotel Hong Kong from the InterCo...
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