Oaktree, a private equity firm, completed a $340m investment in Arsenale, a company focused on the Italian luxury hospitality and tourism sectors. “Arsenale was created with the goal to become a reference point in the Italian luxury hospitality market. We are thrilled to have entered this partnership with Oaktree, which lays the foundations for the expansion of Arsenale, both in terms of finance and know- how. The support of an international investor like Oaktree consolidates our position in the hospitality sector and provides us with the financial strength to compete with major international hospitality groups. The Italian hospitality sector is clearly undergoing a renaissance period and we believe that it is more important than ever to be laying the foundations for the next 50 years of hospitality “Made in Italy,” Paolo Barletta, Arsenale CEO.