Latham Advises Arzan Investment Management on Debt Financing

Latham & Watkins has advised Arzan Investment Management (AIM), an alternative investment manager focused on real estate, hospitality, and credit strategies, on securing a debt financing commitment for its GCC hospitality platform from funds managed by Oaktree Capital Management, L.P., a leader among global investment managers specializing in alternative investments.

The funding will enable AIM to accelerate its strategy of acquiring and repositioning value add hospitality assets across the GCC, with a focus on the region’s dynamic gateway cities, including Dubai. The transaction underscores the sector’s growing appeal to international investors amid robust market growth and increasing institutionalization.

This strategic investment builds on AIM’s strong momentum following its acquisition of Fairmont The Palm last year, on which Latham also advised.

The Latham team was led by Dubai partner Omar Maayeh, with associates Tarek Soliman, Ahmed Al Frehat, Sammy Lockhart, and Shiva Dakhili on corporate matters, and Dubai associates Mustafa Darwich, Stephanie Fuller, Anna Van den Acketveken, and Amelia Griggs on finance matters.