KHP Capital Partners, L.P.

KHP Capital Partners focuses on opportunistic real estate investments in the US hospitality sector. The firm targets value-add and distressed hotels and resorts, using direct equity, joint ventures, mezzanine debt, and preferred equity. Its strategy emphasizes active asset repositioning with experienced operators (per public record).

KHP Capital Partners operates as a private equity real estate fund manager. It raises capital from institutional investors, family offices, and high-net-worth individuals for discretionary funds and co-investment vehicles. The firm's strategy requires pooled capital to execute opportunistic hospitality deals (public record).

KHP Capital Partners primarily invests in the United States, focusing on major gateway markets and select secondary cities. Its portfolio includes properties in urban and resort destinations, though specific locations are not consistently disclosed. The firm does not currently report active European or Asian investments (public record).

KHP Capital Partners does not publicly disclose its leadership team or investment committee members. The firm's management is known to include experienced real estate and hospitality professionals, but individual names and biographies are not available on its website or public filings. This opacity extends to succession and governance structures.

KHP Capital Partners sources deals through direct relationships with hotel operators, developers, and brokers across the US hospitality market. The firm's specialization in one asset class allows it to identify off-market and distressed opportunities, often through repeat partnerships. Its sourcing model relies on a limited network of industry contacts (public record).

KHP Capital Partners offers both primary fund vehicles and direct co-investment opportunities to its limited partners. The firm structures its capital deployment through commingled funds, separate managed accounts, and joint ventures, depending on the asset and investment size. This flexibility allows institutional investors to access both fund-level diversification and targeted direct deals.

KHP Capital Partners primarily leads its own deals and manages its own partnerships. The firm does not typically act as a passive co-investor alongside external general partners. Instead, KHP takes an active role in asset selection and repositioning, functioning as the principal GP in most transactions (public record).