Pegasus Capital Snatches Up Global Resort Business

Law360, New York (April 10, 2012, 4:45 PM EDT) -- Pegasus Capital Advisors LP is acquiring a Bangkok-based resort and spa business with locations in Asia, the Middle East, Europe and the Caribbean for an undisclosed sum, Pegasus announced Tuesday.

The Cos Cob, Conn.-based private equity fund manager, through affiliates, has entered a binding agreement with Six Senses Resorts & Spas to obtain its Six Senses- and Evason-branded resort and spa management contracts and related intellectual property rights. Pegasus will operate the assets under a new company, which it will manage with its affiliates.

Six Senses'...
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