Abu Dhabi-based Modon Holding PSC recently announced a strategic investment in Wellington Lifestyle Partners, joining a consortium of existing investors in the company.
Modon’s investment will support the long-term development of the Wellington International equestrian showgrounds and deliver a landmark ultra-luxury real estate development featuring high-end residences, a boutique hotel, a commercial marketplace and a championship golf course in Wellington.
This investment marks Modon’s first direct investment in an equestrian-led development in the United States, complementing its existing global portfolio, and reinforcing its strategy to partner with leading international organizations in expanding its presence across ultra-luxury destination developments. The partnership further strengthens Modon’s position as a globally recognized investor in large-scale, high-value real estate and lifestyle projects.
“This strategic investment reflects Modon’s ambition to invest alongside world-class partners that share our vision for excellence in destination development,” said His Excellency Jassem Mohamed Bu Ataba Al Zaabi, chair of Modon Holding. “Wellington Lifestyle Partners represents a unique collaboration that brings together expertise in real estate, equestrian, hospitality and sports-led communities. By extending our reach to the United States, we are furthering Modon’s role in delivering sustainable destinations that embody quality, innovation and cultural connection.”
Through the investment, Modon joins WLP’s group of existing investors and operators to advance a multi-asset portfolio of lifestyle and sports destinations. The portfolio includes the world-renowned Wellington International showgrounds; the Wanderers Club; The Wellington, a new private residential club community comprising 253 best-in-class residences set to open in 2028 and featuring a championship-level golf course designed by David McLay Kidd; and a planned lifestyle marketplace featuring a luxury boutique hotel, residences, shops, offices and restaurants. Together, these assets form a long-term master plan to strengthen Wellington’s position as the global home of equestrian sport and luxury living.
The investment also includes a strategic license agreement enabling Modon to use Wellington International’s brand and intellectual property across several key strategic markets to support the development of future lifestyle and community destinations. As part of the agreement, Modon will also become a premier sponsor of the Winter Equestrian Festival and the Adequan Global Dressage Festival.
“Our partnership with Wellington Lifestyle Partners aligns with Modon’s strategy to develop integrated lifestyle destinations that combine community, sport and hospitality,” said Bill O’Regan, group chief executive officer of Modon Holding. “Wellington International is recognized globally for its equestrian excellence, and this collaboration provides a valuable opportunity to exchange expertise in operations, master planning and design.”
Based in Wellington, Wellington Lifestyle Partners is backed by private investors Mark Bellissimo, Lisa Lourie, Roger Smith, Jeff Skoll, Mike Smith and the Nexus Luxury Collection. It is led by Chief Executive Officer Douglas McMahon and President Paige Nuñez.
“The addition of Modon Holding to Wellington Lifestyle Partners brings together an exceptional blend of expertise,” Bellissimo said. “With Modon’s world-class destination development experience, Doug McMahon and Nexus’ leadership in luxury community development, and equestrian Murray Kessler as CEO of Wellington International, we are uniquely positioned to accelerate our vision to set a new standard of quality for an equestrian lifestyle destination here in Wellington.”
Learn more about Wellington Lifestyle Partners at www.wlpfl.com.
