TriO Capital, the investment and asset management business of independent lifestyle hotel group Ovolo, is preparing to sell one of its boutique designer hotels in Sydney in a move to recycle capital to fund the group’s continued growth and expansion.
TriO Capital to maximise growth opportunities for Ovolo and beyond
The launch of TriO Capital, the dedicated investment and asset management arm of the Ovolo Group, will facilitate the acceleration of its expansion efforts, with an initial focus on Asia Pacific. TriO, named after the three O’s in Ovolo, will have Tim Alpe, the group’s former COO for Hong Kong and Indonesia, at the helm supported by a dedicated team of acquisitions and investment experts including newly minted Vice President Kyu Baek Kim, a long-standing team member with an intricate understanding of feasibility and expert investment analysis across the region.
