Z Capital Partners Appoints Lester Scott as Managing Director of The Carillon Hotel & Spa

. June 17, 2015

MIAMI BEACH, FL. June 17, 2015 - The Carillon Hotel & Spa, a world-class beachfront boutique hotel and luxury spa in Miami Beach, today announced that luxury hotelier Lester L. Scott has joined as Managing Director. In his capacity, Mr. Scott will oversee the prestigious resort, including hotel, spa, and food and beverage operations, and will also serve as the liaison for the property's homeowners associations.

Mr. Scott has more than 26 years of hospitality experience with over 18 years as a senior-level executive working within the luxury hotel market, including The Ritz-Carlton, Capella Hotel Group and Wyndham Luxury Collection. Most recently, Mr. Scott served as General Manager / Director of Hotel Operations in China for the Capella Hotel Group, a luxury hotel management company founded by Mr. Horst Schulze former President / CEO of the Ritz Carlton hotel Company.

"We are thrilled to have someone of Lester's caliber join our team and oversee The Carillon Hotel & Spa as we continue to elevate and expand upon this exceptional property," said James Zenni, Chairman of The Carillon Hotel & Spa's Board of Directors and President and Chief Executive Officer of Z Capital Partners. "Lester brings to The Carillon Hotel & Spa an unparalleled background in the luxury resort industry, having been trained by the world's most accomplished hoteliers. I am confident that we will be able to capitalize on his extensive industry knowledge as well as in-depth experience in launching and rebranding luxury hotels to enhance this premier oceanfront resort for the benefit of all guests and homeowners."

Mr. Scott commented, "The Carillon Hotel & Spa is an iconic property and is unlike any other oceanfront resort in that it is managed by a team of industry-leaders and boasts unparalleled luxury amenities, including a renowned spa & wellness facility that is unlike anything else in Florida. I look forward to working with the entire staff to enhance its service-oriented culture by incorporating new services and upgrades to the benefit of all our property's constituents. This is an exciting time for our property and I am confident that our services, coupled with our diverse amenities, will provide guests with an incredible, world-class experience."

The Carillon Hotel & Spa is a portfolio company of Z Capital Partners, L.L.C.

About The Carillon Hotel & Spa

Located along the white sand shores of Miami Beach, The Carillon Hotel & Spa presents an authentic and specialized approach to health, wellness and complete well-being. Exuding the "luxury of wellness," the resort focuses on aligning physical, mental and spiritual health by offering a comprehensive retreat, the largest spa in the region (70,000 sq. ft.), a one-of-a-kind Thermal Experience, a renowned on-site medical director and an integrative medical wellness center. The resort features 150 spacious one- and two-bedroom suites, ranging in size from 720 - 1,200 sq. ft. An array of recreational activities are at guests' fingertips, with over 200 fitness classes offered each week, access to the resort's two-story indoor rock wall and four pools located throughout the property: the Sunrise Pool, Cabana Pool, Sunset Pool and the adult-only rooftop Atlantic Pool. Serving fresh, locally-sourced, cuisine, the resort features four dining venues including The Carillon Hotel & Spa Grill, Carillon Lounge, The Cabana, and the Juice Bar. The Carillon Hotel & Spa promotes a path to discovery and provides tools for a healthier lifestyle extending beyond each guest's stay. The Carillon Hotel & Spa is a member of The Leading Hotels of the World and Leading Spas.

About Z Capital Partners

Z Capital Partners, L.L.C. is a leading private equity firm with approximately $1.9 billion of regulatory assets under management and with offices in Lake Forest, IL and New York, NY. Z Capital pursues a value-oriented approach in private equity that includes making control investments in companies that may require growth capital, balance sheet and or operational improvements. Z Capital portfolio companies currently have aggregate worldwide annual revenues of approximately $2 billion, sell products in 48 countries, and have in excess of 190,000 associates directly and through joint ventures. Z Capital's investors include prominent global sovereign wealth funds, endowments, pension funds, insurance companies, foundations, family offices, wealth management firms and other financial institutions in North America, Europe, Asia, Africa and the Middle East. For more information, please visit http://www.zcap.net/.

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