Hotels Montage Hotels receives capital infusion By Danny King / January 28, 2016 Share 1 -- Montage Hotels & Resorts said it received an equity investment from Ares Management and will use the funds to accelerate expansion for the Montage and Pendry brands. Ares is taking as much as a 20% stake in the company under financial terms that weren’t disclosed, and will provide as much as $200 million toward Montage’s expansion efforts. Montage founder and CEO Alan Fuerstman will remain the company’s largest shareholder.Ares previously had invested in the Pendry San Diego, which will open this fall. It will be the lifestyle brand's first hotel. Montage made its debut in 2003 with the Montage Laguna Beach in Southern California. It added the Montage Beverly Hills in 2008. The company also oversees the Montage Deer Valley in Utah, Montage Kapalua Bay in Maui and Montage Palmetto Bluff in South Carolina. The company will add the Montage Los Cabos in late 2017.