CERTARES MANAGEMENT LLC
CERTARES MANAGEMENT LLC is a Series C+, buyout and other fund in the US and UAE writing $30M–$60M checks into travel, tourism, hospitality, business-services, consumer-services, technology, transportation and real-estate.
- Stages
- Series C+, buyout, other
- Sectors
- travel, tourism, hospitality, business-services, consumer-services, technology, transportation, real-estate
- Check size
- $30M–$60M
- Invests in
- US-wide, UAE
- Actively investing
- Yes
- Founded
- 2012
- Assets under management
- $9.9B
- Website
- certares.com
Thesis
Certares Management LLC, founded in 2012 and based in New York City, is a private investment firm specializing in the travel, tourism, and hospitality sectors, along with related business and consumer services, technology, and transportation industries. With approximately $9.9 billion in AUM as of March 31, 2023, the firm employs a flexible capital approach, investing in private equity, structured equity, and credit. Certares targets middle-market to large-cap companies, seeking opportunities for scaling or transformation through operational enhancements and strategic repositioning. Their strategy emphasizes long-term partnerships and leveraging industry expertise to foster transformational growth and sustainable competitive advantage. They are known for identifying opportunities driven by favorable supply-demand dynamics and anxious lenders, avoiding herd mentality. The firm primarily invests in the United States and the United Arab Emirates, with a dedicated real estate platform focused on hospitality assets in growth markets and gateway cities across the US. Typical equity check sizes range from $30 million to $60 million. Certares is currently raising its new fund, Certares Holdings II LP, with a target of $5 billion to $6 billion.
Common questions
Does CERTARES MANAGEMENT LLC invest at the Series C+ stage?
Yes. CERTARES MANAGEMENT LLC lists Series C+, buyout and other among the stages it invests in.
What check size does CERTARES MANAGEMENT LLC write?
CERTARES MANAGEMENT LLC writes $30M–$60M checks.
Where does CERTARES MANAGEMENT LLC invest?
CERTARES MANAGEMENT LLC invests in the US and UAE.