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Alternative Assets  + Real Estate  |  March 4, 2025
Starwood Strategic Partners Closes Investment in VANA Partners 
Joe Palmisano
By: Joe Palmisano

Starwood Strategic Partners Closes Investment in VANA Partners 

Starwood Strategic Partners (SSP), an investment platform under Starwood Capital Group’s umbrella, has finalized a deal to invest in VANA Partners, a real estate platform focused on extended stay hotels. The tie-up gives VANA capital along with strategic input, including board seats and operational support. Terms of the transaction were not disclosed. 

The partnership backs SSP’s mission of supporting early to mid-stage real estate managers with growth potential. VANA, founded in 2022 by Dubi and Chuchu Ajukwu, brings expertise from institutions like The Related Companies, Tishman Speyer, Global Infrastructure Partners, Morgan Stanley, and J.P. Morgan. 

“We are thrilled to partner with Starwood Capital, one of the leading hospitality investors in the world, to drive our firm’s growth and strategy,” said Dubi Ajukwu. “Their expertise and strategic support will be invaluable in helping us differentiate ourselves within the extended stay hotel segment.”  

Bakari Adams, managing director at Starwood Capital and head of SSP, emphasized the strategic nature of the partnership and their commitment to backing institutionally minded firms. 

Since its inception in 1991, Starwood Capital Group has raised over $80 billion of capital and currently has approximately $115 billion of assets under management. 

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Inside The Story

Starwood Capital GroupVANA Partners

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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