Hedge fund companies DE Shaw and Stephen Cohen have joined forces to manage their combined stake in Bermuda-based luxury hotel chain Orient-Express Holdings (OEH), according to online publication Business Standard.

Shaw, which has 7.6 percent in the hotel chain, and Stephen Cohen, which has a 5.5 percent share, pooled their resources together for a 13.1 percent holding in the company, with the move coming a day before OEH's AGM today.

Other stakeholders in OEH include Indian Hotels Company (IHCL), which holds 11.5 percent, and Dubai Holdings, which owns 9.2 per cent.