“It’s not just about a financial return, but what does it bring it back? Are you willing to set up in the region and are you willing to transfer technology? We’ve seen a big change in the last couple of years.” Ken Calleja, adviser with Rothschild & Co. who helped lead a transaction late last year in which Saudi Arabia’s Public Investment Fund bought a 49% stake in Rocco Forte Hotels, Middle East Trillions Force New Concessions From Wall Street [Bloomberg]