A unknown fund acquired minority economic stake in Jameson Inns, Inc. from Colony Financial, Inc. (NYSE:CLNY) and others on January 8, 2013. The fund is affiliated with the principals of Aimbridge Hospitality and Argonaut Private Equity Hospitality. Cleary, Gottlieb, Steen & Hamilton LLP acted as legal advisor for Colony Financial, Inc.


A unknown fund completed the acquisition of minority economic stake in Jameson Inns, Inc. from Colony Financial, Inc. (NYSE:CLNY) and others on January 8, 2013.