Almost a year after the country went into lockdown, the A, a membership-only business club funded by now-jailed Yes Bank promoter, Rana Kapoor, and run by the trust his daughters operated, has changed hands.
The 56,000-sq-ft facility located in the Indiabulls office complex in Parel, Mumbai and owned by Nucleus Office Space, a subsidiary of private equity giant Blackstone Group, will now be managed and run by promoters of the Gurugram-based club, The Quorum.
The Three Sisters institutional office, which was operated by Kapoor's daughters, owned and ran the club.
Vivek Narain, founding partner of The Quorum, says while there have been numerous