Press Releases

Sailing Capital invests in Soneva Group for resort development in the Maldives

November 2014

Sailing Capital invests in Soneva Group for resort development in the Maldives

MALDIVES: November 13 2014: it was announced today that Soneva Holdings Pte Ltd (“Soneva”) and
the Chinese private equity firm Sailing Capital Overseas Investment Fund, LP (“Sailing Capital”) have
concluded an agreement which will see Sailing Capital become a significant investor in Soneva to
support the expansion of the company’s portfolio of resorts across the Maldives. This deal represents
the largest Chinese private investment to date in the Maldives.

“The investment by Sailing Capital marks a new chapter in the development of Soneva.” said Sonu
Shivdasani, Chairman and CEO of Soneva. “Soneva pioneered luxury hospitality in the region almost
twenty years ago and our brand is now synonymous with the Maldives. We have exciting plans to
develop new resorts in the area, and the scale of this investment demonstrates our confidence in the
future of the Maldivian economy. Our relationship with Sailing Capital will allow us to accelerate these
plans for growth.”

James Liu, President and CEO of Sailing Capital Advisors (Hong Kong) Limited said “we are extremely
excited to form this partnership with Soneva and Sonu Shivdasani. The Maldives is one of the most
beautiful places in the world and it has become a significant destination for Chinese tourists and
investors. Soneva is both a world class player in the luxury hospitality industry, and the unmistakable
leader in environmental performance and sustainable resort development. These issues are of
increasing importance to the Chinese government and our people. We are committed to strengthening
and expanding Soneva’s presence in the Maldives and beyond.


About Soneva

Soneva Holdings is a privately owned group of companies, leading the world in development of
sustainable luxury resorts and private residences. The Group owns and operates all properties, enabling
it to ensure that the outstanding standards for which the Soneva brand is renowned are consistently

Soneva pioneered the concept of SLOW LIFE, (Sustainable, Local, Organic, Wellbeing and Learning,
Innovative, Fun Experiences) and this philosophy underpins development of all products, services and
The recipient of many industry accolades including Best hotel in The Middle East, Africa and the India
Ocean (Condé Nast Traveler Readers Award 2013) and Best Hotel Worldwide 2014 (Bilanz, 2014),
Soneva is also proud to lead the hospitality industry in adoption and innovation of sustainable practice
throughout all aspects of operational delivery.
The company is making strong progress to the ultimate goal of de-carbonizing all activities within, whilst
maintaining a rapid pace of development and achieving successful business growth
Further information about Soneva can be found at

About Sailing Capital

Sailing Capital is the first and largest cross-border RMB private equity fund launched in China. The fund,
established by Shanghai International Group, with initial capital raised from limited partners, themselves
all successful and influential domestic enterprises, engages in direct private equity investments and can
participate throughout the capital structure – equity, structured finance, mezzanine and/or out, control or significant minority positions.

Further information about Sailing Capital can be found at:

For additional enquiries please contact:
Victoria Frost, Chief Commercial Officer, Soneva Group
Tel: +669 1430 6585