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Kyle Bass to Acquire 50% of the Assets of Fiamma Partners

Jul 27, 2020 - Business Wire
Mergers and Acquisitions

Kyle Bass, Founder and Chief Investment Officer of Hayman Capital Management, has acquired a 50% equity stake in four real estate development and management companies owned by Frank Zaccanelli.

Bass' company, Mossad Bass, LLC, acquired 50% of Fiamma Partners, Fiamma Management, and Fiamma Statler, which have ownership interests in The Statler Hotel in Downtown Dallas.

Bass also acquired 50% of the Zaccanelli-held company FZ WLRW, which owns part of the Entrada development in Westlake...