DIAFA acquires majority stake in Richard Caring’s hospitality portfolio

DIAFA acquires Richard Caring hospitality portfolio
Rep Image | Credits: THE IVY | Cropped by GBN
By Shilpa Annie Joseph, Sr. Content Head
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DIAFA, the Abu Dhabi–based luxury and hospitality investment platform and IHC Group affiliate, has completed a majority investment in the hospitality portfolio of Richard Caring, one of the most influential figures in the global restaurant industry.

The ten-figure transaction includes The Ivy Brasseries, the luxury restaurant portfolio of Caprice Holdings, featuring Scott’s, Sexy Fish, and Noema, as well as the iconic private members’ clubs of The Birley Clubs, including Annabel’s, George, Harry’s Bar, and Mark’s Club.

Richard Caring will remain Executive Chairman, ensuring continuity of vision and leadership across the portfolio. Together, DIAFA and Caring will lead the next phase of global expansion, including the highly anticipated opening of Annabel’s in New York, alongside the continued international growth of Scott’s, Sexy Fish, and Noema.

The Ivy Brasseries, which will continue their expansion across the UK in 2026, are also expected to explore new openings in the United States and other international markets.

Ravi Thakran, Group CEO of DIAFA, said that, “This transaction marks the beginning of a new chapter in global luxury hospitality. We are curating a portfolio of the world’s most iconic and culturally defining brands, with the ambition to shape how the next generation experiences dining, social connection, and lifestyle. Together with Richard Caring, we are building a platform of enduring value and global influence.”

Richard Caring, Founder and Executive Chairman of Caprice Holdings, noted that, “I am delighted to partner with the visionary DIAFA team, and I am confident that we will bring our world-class brands to new markets and continue to elevate our vision for hospitality to exciting new heights. DIAFA’s commitment to investing in exceptional luxury brands makes them the right partner, and I look forward to building something truly enduring together.”

DIAFA

DIAFA is an Abu Dhabi–based luxury lifestyle group and IHC Group affiliate, established to build the world’s leading global luxury food and beverage platform. Its portfolio includes leading global hospitality brands such as Azumi Group (including Zuma and ROKA), The h.wood Group (including Delilah, The Nice Guy, and Bird Streets Club), and now adds Caprice Holdings, alongside The Birley Clubs.

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