Raycliff Capital to invest $100m in Soho House.

Bippy Siegal’s Raycliff Capital agreed to invest $100m in Soho House, a hotel chain and group of private members' clubs originally aimed at those in the arts and media. The investment gave Raycliff Capital a 5% stake. The new funds will help aid growth plans. The company plans to open new sites in 2020 and 2021, including in London, Paris and Mykonos.