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Diamond Stone
Diamond Stone traces to Barbara Kelley and Kevin Kelley, who previously owned Diamondhead Resort. They established the annual music festival at that site.
Diamond Stone
Diamond Stone traces to Barbara Kelley and Kevin Kelley, who previously owned Diamondhead Resort. They established the annual music festival at that site. The Diamond Stone Foundation sits alongside the operating assets. The festival deploys capital into live events, stage production, and on-site hospitality. Confirmed holdings include Diamondhead Resort at 12081 N Highway 10, Tahlequah, OK and Oklahoma Station on Highway 82, Park Hill, OK. A trucking fleet supports logistics. Activity remains concentrated in Oklahoma with no disclosed positions outside the United States. The United Keetoowah Band of Cherokee Indians acquired Diamondhead Resort and Oklahoma Station from the Kelleys in January 2025. Woody Anderson and Chief Jeff Wacoche oversaw the transition for the tribal corporate board. No additional offices or headcount figures appear in available records. Ownership of the resort and festival assets passes through direct commercial transfer rather than fund vehicles or external managers. The January 2025 sale to the United Keetoowah Band marks the primary recent change in control.
General information
Firm type
Endowment
Location
Region
Asia
Country
Hong Kong
City
Hong Kong
Corporate office
Hong Kong, Hong Kong
Principals
Barbara Kelley
Founder
Kevin Kelley
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Diamond Stone?
Barbara Kelley and Kevin Kelley are listed as founders. No separate investment committee or CIO appears in records.
How does Diamond Stone source proprietary deal flow?
Activity centers on the annual music festival and resort operations at Diamondhead Resort. No external sourcing channels are disclosed.
Is Diamond Stone structured as a single family office or does it operate more like a venture firm?
Records classify it as an endowment or foundation tied to festival and resort assets. It does not match typical venture or multi-family office structures.
Does Diamond Stone participate in fund commitments or only direct deals?
No fund commitments are referenced. Holdings consist of direct ownership of Diamondhead Resort, Oklahoma Station, and the festival itself.
Where does the underlying wealth come from?
No public disclosure links the assets to a specific family fortune or operating business outside the resort and festival.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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