Cheyne Capital and Natixis finance LHC acquisition of St Tropez hotel, Château la Messardière
Cheyne Capital and Natixis announce today the financing of LHC's €154 million acquisition of Château La Messardière.
Founded in 2007 by Stéphane Courbit, LOV Group operates three main business lines: audio-visual production, online gambling and luxury hotels.
Based on a diversified portfolio, LOV Group operates in more than 25 countries and employs over 5,000 people.
LHC is the luxury hotel branch of LOV Group and is held 83% by Financière Lov and 17% by LVMH Investissements. It currently owns and manages Les Airelles (Palace-labelled) and Le Mélézin in Courchevel, La Bastide de Gordes (Palace-labelled) in Provence, the Pan Dei in St Tropez, the future Château de Versailles Hotel and now the palace Chateau La Messardière.
Launched in 2000, Cheyne Capital is one of Europe’s leading alternative investment managers and is headquartered in London. Cheyne invests across the capital structure from the senior debt to the equity of corporates and real estate. In real estate specifically, Cheyne has provided financing solutions since 2009 and now manages over $3 billion of assets across direct real estate lending, securitised European real estate debt and selective special situations. Cheyne seeks to provide specialised non-bank loans to borrowers in select European markets, with a flexible approach that enables it to invest into all parts of the capital structure.
Press Relations, Natixis
+33 1 58 19 34 16
Head of Press Relations and Social Media, Natixis
+33 1 58 19 10 40