Key Takeaways
- • Kennedy Lewis Investment Management, an alternative investment manager with more than $37 billion in assets under management, announced it has become majority shareholder of roadsurfer through a new investment, according to a Business Wire release datelined Munich.
- • The investment is intended to support roadsurfer's continued focus on sustainable growth, per the announcement.
- • Kennedy Lewis cited its experience providing flexible capital solutions to asset-intensive businesses and a track record of investing in the travel sector.
Summary
Kennedy Lewis Investment Management ("Kennedy Lewis"), an alternative investment manager with more than $37 billion in assets under management, today announced its investment in roadsurfer, a company that makes it the majority shareholder. According to the Business Wire release datelined Munich, the investment is designed to support roadsurfer's continued focus on sustainable growth.
The announcement highlights Kennedy Lewis's experience providing flexible capital solutions to asset-intensive businesses, as well as its track record of investing in the travel sector. The source text is truncated, so the deal value, the stake size, and the prior ownership structure are not disclosed in the material available.
The filing is one of several unrelated Business Wire releases carried on the newsroom index page, which also included travel, aviation, and banking announcements. Those items are not part of the Kennedy Lewis transaction and are not covered here.
The announcement highlights Kennedy Lewis's experience providing flexible capital solutions to asset-intensive businesses, as well as its track record of investing in the travel sector. The source text is truncated, so the deal value, the stake size, and the prior ownership structure are not disclosed in the material available.
The filing is one of several unrelated Business Wire releases carried on the newsroom index page, which also included travel, aviation, and banking announcements. Those items are not part of the Kennedy Lewis transaction and are not covered here.
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