UK hotel investor Richard Faber said to be bidding for Anbang portfolio

UK hotel investor Richard Faber said to be bidding for Anbang portfolio

FILE PHOTO: The headquarters building of Anbang Insurance Group are pictured in Beijing, China, August 25, 2016. REUTERS/Jason Lee/File Photo

Richard Faber, a former lieutenant to the U.K.’s billionaire Barclay twins, is fronting an investor group that’s competing for a luxury hotel portfolio owned by Anbang Insurance Group Co., people familiar with the matter said.