A Global Brand Gains New Wings
Cipriani’s portfolio spans elite restaurants, private clubs, event venues, hotels, and residences across major cities—Venice, New York, London, Los Angeles, Miami, Monte Carlo, and Dubai.
Beach Point, based in Santa Monica, manages about $19.3 billion in assets as of March 31, focusing on private equity, credit, and real estate—using its hospitality and gaming sector experience to tailor financing for Cipriani’s expansion. “We were thrilled to partner with Giuseppe Cipriani and his team,” said Michael Haynes, Beach Point’s head of private credit.
Sparta Capital Joins the Financiers
London-based Sparta Capital, managing approximately $550 million in public and private investments, joins the financing team, though specifics of their loan terms remain undisclosed.
What’s Next? Construction and Counsel
Legal counsel details for Beach Point’s Sidley team, Cipriani’s Paul Hastings advisors, and Sparta Capital’s legal support have not been released.
As ground is broken in Uruguay, Cipriani stands poised to blend its signature luxury and charisma with a bold new destination—one spotlighted by this crisp and crucial $190 million financing loan.
