Credit managers Sankaty Advisors and Canyon Partners have acquired six additional De Vere hotels to its portfolio of QHotels, which the two firms own. QHotels is a UK luxury hotel group. The additional properties will strengthen QHotels’ brand and nationwide presence, now totaling 27 hotels and complement its guest services with premium golf, spa and leisure facilities, said an announcement from Qhotels on Nov. 20.
The six hotels, located across the UK, include the luxury five-star Cameron House in Loch Lomond and the Elizabethan-style Dunston Hall in picturesque Norfolk. The properties will be managed alongside the existing QHotels portfolio of 21 hotels, led by managing director Michael Purtill and finance director Ian Goulding.
Sankaty Advisors is the independently-managed credit affiliate of Bain Capital and one of the largest private managers of fixed income and credit instruments. It was founded in 1998 and now manages $24 billion of assets. An employee-owned private partnership, the firm has offices in Boston, New York, Chicago, London, Luxembourg and Melbourne.
Canyon Partners and its affiliates, including Canyon Capital Advisors, Canyon Capital Realty Advisors and ICE Canyon, are investment management firms with $24 billion in assets under management. The firm was founded in 1990 and is headquartered in Los Angeles, with offices in New York and London.