Fontainebleau Resorts is led by its majority owner Jeffrey Soffer, who also heads the Turnberry group of companies, owner of the Turnberry Place, Signature at MGM Grand and Town Square developments in Las Vegas, the Aventura Mall and Turnberry Isle Resort & Club in South Florida, and the Residences at Atlantis on Paradise Island, Bahamas. Fontainebleau's executive chairman Glenn Schaeffer was formerly the president of Mandalay Resort Group. Soffer and Schaeffer co-founded Fontainebleau after Mandalay was sold in early 2005 to MGM Mirage.

In June, to fund the Las Vegas development and other projects, Fontainebleau Resorts closed on more than $4 billion of financing from a consortium led by Bank of America, Merrill Lynch, Deutsche Bank and Barclays. As part of the financing arrangement, Fontainebleau raised $565 million in private placements of common and preferred equity. That total includes $250 million it obtained in April from Australia-based Publishing & Broadcasting Limited in exchange for the 19.6% interest in the company.

In addition to Bank of America, Merrill Lynch, Deutsche Bank and Barclays, participating lenders participating in the $4-billion financing include Lehman Brothers, JP Morgan Chase, Bank of Scotland, Royal Bank of Scotland and Sumitomo Mitsui Banking Corp.