Sunseeker 90 Ocean

Sunseeker 90 Ocean

Sunseeker acquired by Italian fund Faro Alternative Investments together with Lionheart Capital

Motor boat

31/10/2024 - 16:15

Sunseeker has been acquired by the Italian fund Faro Alternative Investmemts and the American fund Lionheart Capital. After a series of rumors over recent months — the most authoritative being from the prestigious Bloomberg, which had reported that the transfer of ownership from Dalian Wanda Group, a Chinese conglomerate in the hospitality, real estate, and tourism sectors, to the U.S. fund Lionheart Capital, led by billionaire Ophir Sternberg, was already finalized — the official announcement of the ownership transfer to the two funds in partnership was made just a few minutes ago in a press conference at Bahia Mar Fort Lauderdale Beach during the 2024 FLIBS edition.

Rumors of an Italian fund interested in acquiring Sunseeker had circulated around the docks as early as last April, indicating that negotiations were likely challenging. The new Sunseeker board prominently features Giancarlo Geleone as CEO, a notable figure in the yacht industry. Under the presidency of Norberto Ferretti, Geleone served as CEO and later Vice President of the Ferretti Group — of which he was also a shareholder through a management buyout. In 2008, he joined Wally Yachts, and later, alongside Luca Ferrari and Gilberto Grassi, co-founded Anvera, a shipyard specializing in the construction of large RIBs.

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