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Certares and Knighthead close inaugural co-managed travel, tourism and hospitality fund at USD1.5bn

Certares and Knighthead close inaugural co-managed travel, tourism and hospitality fund at USD1.5bn

Certares Management (Certares), an investment specialist dedicated to the travel, tourism and hospitality sectors, and Knighthead Capital Management, (Knighthead), a credit investment management firm, have closed the CK Opportunities Fund at approximately USD1.5 billion in total commitments.