Who Owns The Ned

The Ned is owned by a combination of Soho House and the Sydell Group, making it a joint venture between the British private members’ club brand and an American hospitality group^[1]. The concept originated in the former Midland Bank building in London, which was developed under the creative direction of Soho House founder and CEO Nick Jones, with Ron Burkle—well-known Soho House investor and hospitality entrepreneur—playing a significant role in the initial project^[3].

The Ned’s expansion internationally—including The Ned NoMad in New York and The Ned Doha in Qatar—continues to be overseen by the same parent organizations, particularly through Soho House’s broader Membership Collective Group (MCG)^[2]. The Ned’s properties are thus operated and branded as members’ clubs and luxury hotels managed by these partners, with local teams providing day-to-day management and hospitality services^[2].

References

• [1] The Ned: Inside the historic bank turned ultimate leisure destination
• [2] The Ned NoMad opens in New York
• [3] The Ned | A 5 Star Hotel in the City of London