Grupo Posadas, a major player in the Mexican hospitality industry, is joining forces with Las Vegas-based private equity firm Bighorn Capital to bring the GP’s high-end boutique hotel brand, Live Aqua, to Miami.

Per its agreement with Grupo Posadas, Bighorn Capital will invest $450 million to develop Live Aqua properties in Miami and four other United States markets — Los Angeles, Chicago, Houston and

Source: www.bizjournals.com