Amarchand and Phoenix Legal along with Morrison Foerster advice Pacifica on investment fund with Accor and InterGlobe to up the market advantage in the Indian

Accor and InterGlobe have established an investment fund for hotels in India along with Pacifica Partners which will have a significant stake of 36 percent equity in the fund. Accor and InterGlobe will each hold a 32 percent stake to complete the fund holding.