Aman Group Aims to Raise $2 Billion for Global Expansion
Deal News | Mar 20, 2025 | Zawya
Switzerland-based Aman Group, a luxury hospitality brand, is seeking to raise $2 billion in fresh capital to support its global expansion strategy, particularly in the Middle East and Africa. The company, backed by significant investors such as the Public Investment Fund (PIF) of Saudi Arabia, Cain International, and Mubadala Capital, has already invested around $1.3 billion over the past three years to expand its footprint. Currently developing 23 hotels, Aman Group also aims to grow Aman Residences to cater to affluent buyers striving for a hotel-like lifestyle. The funding will enable Aman to collaborate with diverse investment funds to achieve its expansion goals.
Sectors
- Hospitality
- Investment
- Real Estate
Geography
- Switzerland – Aman Group is headquartered in Switzerland, making it central to the article.
- Middle East – The expansion efforts are targeted particularly at the Middle East, and investors include PIF and Mubadala Capital from this region.
- Africa – Aman Group intends to expand its presence in Africa as part of its global expansion plan.
Industry
- Hospitality – Aman Group operates within the luxury hospitality industry, focusing on hotels and residences targeting affluent consumers.
- Investment – The article discusses significant investments from sovereign wealth funds such as PIF and Mubadala, highlighting the involvement of private equity in funding Aman Group's expansion.
- Real Estate – Through Aman Residences, the company engages in high-end real estate development for luxury lifestyle living.
Financials
- $2 billion – The amount Aman Group seeks to raise for global expansion.
- $1.3 billion – The amount invested in Aman Group over the past three years by various investors.
- $900 million – Investment amount by PIF and Cain International in 2022.
- $360 million – Investment amount by Mubadala Capital and Alpha Wave Ventures in 2023.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aman Group | Target Company | Company | A Switzerland-based luxury hotel and residence brand seeking to raise $2 billion for expansion. |
| Public Investment Fund (PIF) | Investor | Company | Saudi Arabia's sovereign wealth fund, an investor in Aman Group. |
| Cain International | Investor | Company | UK-based property investment firm that invested in Aman Group. |
| Mubadala Capital | Investor | Company | The investment arm of Abu Dhabi's Mubadala Investment Company, which invested in Aman Group. |
| Alpha Wave Ventures | Investor | Company | Private equity fund co-run by Alpha Wave Global and Chimera Capital, also an investor in Aman Group. |
| Vladislav Doronin | CEO | People | The CEO of Aman Group, actively leading the company's expansion efforts. |