London’s high-end casino crowd will have another luxurious option at their disposal this summer following the reopening of the fabled Clermont Club.

The Clermont Club was founded in 1962 by John Aspinall (whose legacy gaming operations are currently owned by Australia’s Crown Resorts) and quickly became a popular Mayfair hub for people far richer and more attractive than most of you reading this.

Legend has it that the very concept of private equity investing was hatched under its roof by some of its more ambitious private members, some of whom are probably not even in jail at the moment.

The Clermont was later acquired by UK gaming operator Rank Group, which sold it for £31m in 2006 to Malaysian billionaire Quek Leng Chan’s BIL International Ltd, which then became known as Guoco Leisure. In 2013, two years after Guoco took over full control of Rank, Quek launched a new luxury hotel brand that took its name from the Clermont Club.