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SDH Capital
SDH Capital was established to handle the international interests of db Group, founded by Silvio Debono. The group’s wealth originated in Malta-based...
SDH Capital
SDH Capital was established to handle the international interests of db Group, founded by Silvio Debono. The group’s wealth originated in Malta-based hospitality, restaurants, contract catering, healthcare and real estate. Robert Debono serves as Group CEO and sits on all boards alongside his brother Alan Debono. The office deploys capital through direct investments, joint ventures and hotel developments. Asset classes include hotels, restaurants and mixed-use real estate. Confirmed positions include the Hard Rock Hotel in St. Julians, Malta, scheduled to open in 2026, and the Marjan Beach mixed-use development in Ras Al Khaimah. Geographic reach covers Malta, the United Kingdom and the United Arab Emirates. In late 2025 the firm placed an oversubscribed €60 million bond offering. SDH Capital maintains offices in London and Ras Al Khaimah. db Group employs 2,500 people across its operating businesses. Adjacent vehicles include the db Group Charity Foundation. The same late-2025 bond placement provided fresh capital for ongoing hotel and real-estate projects. The firm’s structure ties investment decisions directly to db Group operating management. Robert Debono and Alan Debono hold board seats that link capital allocation to day-to-day hospitality and development execution, creating a closed loop between owner and operator.
General information
Firm type
Single Family Office
Year founded
2015
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
29, Farm Street, Mayfair, London, W1J 5RL, United Kingdom
Additional offices
Ras Al Khaimah, United Arab Emirates
Principals
Nicholas Portelli
Managing Director
Jonas Vetter
Vice President Investments
Robert Debono
Director and Group CEO
Alan Debono
Director
Silvio Debono
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at SDH Capital?
Nicholas Portelli serves as Managing Director and oversees investment activity from the London office. Jonas Vetter acts as Vice President Investments and focuses on real-estate transactions and development projects.
How does SDH Capital source proprietary deal flow?
The office identifies opportunities through db Group’s existing hospitality and real-estate network. It also evaluates cross-border joint ventures in the Mediterranean basin and the GCC.
Does SDH Capital participate in fund commitments or only direct deals?
The firm executes direct investments and joint ventures. No external fund commitments are disclosed in available materials.
What investment stages does SDH Capital typically target?
The office targets operating assets and development projects in hospitality and real estate. Recent activity includes completed hotel acquisitions and mixed-use developments slated for 2026 openings.
Where does the underlying wealth come from?
Wealth originates from db Group’s hospitality, restaurant, contract-catering, healthcare and real-estate businesses in Malta and Europe, founded by Silvio Debono.
Does SDH Capital maintain philanthropic structures, and how are they separated?
The db Group Charity Foundation operates alongside the commercial businesses. No further separation details are disclosed.
What is SDH Capital’s known posture on co-investments alongside external GPs?
The firm forms 50-50 joint ventures with governmental entities and strategic partners such as Hard Rock International. No commitments alongside third-party private-equity sponsors are disclosed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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