SAN FRANCISO—KHP Capital Partners, has been formed as the successor company to Kimpton Hotels & Restaurants' fund management business. KHP is owned and operated by three former Kimpton executives: Mike Depatie, former CEO; Ben Rowe, former CFO and Joe Long, former chief investment officer at Kimpton.

KHP is the continuation of a 10 year-old hospitality real estate private equity business, with a highly- successful track record spanning three discretionary hotel real estate equity funds, totaling over $560 million of equity invested in 30 boutique hotels, with a combined real estate value in excess of $1.5 billion. KHP will implement value-add investment strategies and continue to invest in boutique and independent hotel opportunities in primary and secondary cities throughout the U.S., as well as in select resort locations.

For over a decade, Depatie, Rowe and Long led Kimpton's private equity business while also overseeing the company's hotel and restaurant management business. Several additional members of the core team responsible for Kimpton's hotel investments have joined KHP, including Judy Miles, Kimpton's former general counsel and 15 former Kimpton associates, including senior members of the acquisitions, asset management, construction, finance, and accounting teams.