Company Name of fund
African Hospitality
Acorn FundManagement
Aimbridge Hospitality
Apollo Global Management
Apple REIT Companies
Arden Group
Argosy Real Estate
Avington Financial
Banyan Tree China
Banyan Tree Holdings Limited Hospitality Fund
Barcelona Hotel Group, Dow
Hotel Company
BayNorth Capital
Blackmore Capital
Blackstone Group
Blumberg Capital Partners
Brightside Acquisitions Group Fund
Caerus Hospitality Partners
Equity size Target
hotels built in South Africa by
Growth Fund $57 million Hyat
The Argonaut Fund $100 million Full-service hotels
To purchase, renovate and
reflag full-service hotels
Apollo Global Fund $400 million across the U.S.
Upscale extended-stay,
Raising $2 upscale select-service, full
Apple REIT Nine billion service hotels
Arden Real Estate
Fund I $125 million
Premium-branded, select-
service and extended-stay
Argosy Real Estate $100 million to hotels throughout the United
Partners II, LP $200 million States.
European hotel recovery
The Avingstone Fund $366million opportunities
Onshore companies primarily
$214 million making investments in China
Barcelona REIT One $450 million First-class, full-service hotels
The fund generally focuses on
BayNorth Realty properties in distress or in
Fund VII $473 million need of repositioning.
Focuses on brands such as
Blackmore Capital Hilton, Holiday Inn,
Branded InterContinental and Crowne
Opportunities Fund Plaza
Blackstone Real
Estate Partners VI $10.9 billion Hotels, global
Blumberg Capital
Partners Strategic
Asset Fund $1 billion Mixed-use, office buildings
Unfinished or distressed
hotels; highly motivated
sellers; REIT-quality Luxury,
Upper Upscale, Upscale,
Brightside's Global Midscale with F&B, Midscale
$700 million w/o F&B
Caerus Hospitality Premium budget economy
Partners I $40 million hotels
 Carlyle Asia Partners Leveraged buyout transactions
Carlyle Group III $2.55 billion in Asia in targeted industries
Canyon Johnson Urban investment, including
Canyon Capital Realty Advisors Urban Funds III $1 billion hotels
High-yield commercial real
Capri Select Income estate and real-estate related
Capri Capital Partners II $312.5 million assets
Caribbean Real Focus on income-producing
Estate Opportunity properties in the Caribbean
Caribbean Property Group Fund 2005 LP $472 million and Central America.

Rs
1,0600,000,000-
The Chaterjee Group Real Special Situations crore ($195 To invest in hotels and real
Estate Fund million) estate sectors.
Columbia Pacific
Columbia Pacific Advisors Opportunity Fund $200 million Diversified
Concord Hospitality
Enterprises Private Equity Fund $300 million Distressed hotels and debt
Cornerstone Hotel
Cornerstone Real Estate Income & Equity Full-service hotels, resorts,
Advisors Fund II $446 million conference hotels
DLJ Real Estate Repositionings, distressed
DLJ Real Estate Capital Partners Capital Partners IV $200 million debt, development
Focus on acquiring and
Driftwood Hospitality respositioning hotels across
Management $400 million the U.S.

To buy up to five hotels in the

Irish market as part of plans to
Fund controlled by €200 million develop 14 4-star properties in
Elena Baturina Elena Baturina ($260.3 million) Europe by 2015.
Zell Credit
Opportunities Fund Distressed securities backed
Equity Group Investments LLC LP $625 million by assets
Acquire full-service hotels and
premium-branded, select-
Fairwood Capital LLC Fairwood Capital LLC $150 million service hotels.
The Fundo Soberano de Angola Quality hotels on the
(Angola wealth fund) Hotel Fund for Africa $5 billion continent of Africa
Distressed hospitality assets in
Geolo Capital $150 million 3.5-, 4-star category

Goldman Real Estate
Goldman Sachs Group Fund
Greenfield
Acquisition Partners
Greenfield Partners V $1 billion
Upscaled and midscale hotels
including Fairfield Inns,
Residence Inns and Comfort
Inns
Hotels

HEI Hospitality Fund
HEI Hotels & Resorts III, L.P $515.4 million
Horizon Midway Group Horizon Hotel Fund l $250 million
Full-service, upper-upscale
and luxury hotels, resorts and
premium select-service hotels
in the U.S., Canada and the
Caribbean
3- to 4-star full-service hotels
and boutique hotels

Full-service and limited-

service hotels in urban areas,
Shamrock-Hostmark under-performing hotels in
Hostmark Hospitality Group Hotel Fund LP stable markets

Hotel Group
The Hotel Group Opportunity Fund IV $110 million Full-service hotels
Underperforming hotels that
Integrated Capital can be renovated or
Integrated Capital Hospitality Fund I $90 million rebranded

Branded, mid-market hotels in

the capital and secondary
€400 million cities of each European
Invesco Real Estate ($527. 3 million) country.

To expand asset size of city

hotels, resort hotels and
business hotels in Asia regions
Nippon Hotel Fund Investment Japan Hotel & Resort including Singapore,
Corporation/ Japan Hotel & and Nippon Hotel China/Hong Kong, Thailand
Resort Fund $224 million and Korea
KABR Capstone
Distressed Debt Distressed mortgages, mostly
KABR Group/Capstone Realty Fund $50 million hotels

Kimpton Hospitality Acquire, develop, redevelop

Kimpton Hotel & Restaurant Partners II $246 million boutique hotels
Lowe Hospitality
Investment Partners 150 to 600+ room full-service
Lowe Enterprises Investors II $300 million properties

Macfarlan Capital Partners
Magna Hospitality
Montezemolo & Partners SGR; Miller Global Fund VI
Miller Global Properties
The Indian Hotels Company
Ltd.
Morgans Hotel Group
NextBridge Group
Noble Hospitality
Odyssey Fund Management
Pebblebrook Hotel Trust
Perseus Capital Partners
Pyramid Hotels & Resorts
RLJ Development LLC
RockBridge
Rockwood Capital
Shaner Hotel Group; Almanac
Realty Advisors
Macfarlan Special $300 million Distressed properties, high-
Situations Fund I target end hotels
Magna Hotel Fund III $75 million Hotels
High-quality hotel
development, acquisition
€350 million
Charme ll fund ($455 million)
Yucaipa American Hotel real estate in North
Alliance Fund II America
Repositionings, distressed
debt, development
$100 million (unfinished/motivated seller)
Noble Hospitality Hotel acquisition,
Fund III $310 million development, redevelopment
3- and 4-star hotels in major
Odyssey European and larger cities in Western
Hotel Fund $488 million Europe
$350 million Properties in major U.S. cities
Special situation-hotels and
debt, undervalued, illiquid and
Perseus Capital complex assets (public and
Partners $166 million private securities)
Luxury and upper-upscale
$275 million hotels
RLJ Real Estate Fund Acquire/develop upscale,
III $1.2 billion focused-service hotels
RockBridge Hotels with total transaction
Hospitality Fund IV capitalization between $10
LP $357 million million and $50 million
Rockwood Capital
Real Estate Partners
Fund VIII $964 million Hotels in the United States
The fund will target small to
midsize hotel companies with
financing ranging between $3
million and $30 million for
both individual properties and
$100 million portfolios.

Sonnenblick Industries LLC
Stockbridge Capital Partners
Tamesis Capital Limited
Thayer Hotel Investors
Torchlight Investors
Union Investment
Waldeck Capital
Waramaug Hospitality LLC
Yotel, IFA Hotels & Resorts,
Kuwait Real Estate Company
and The John Buck Company
Sonnenblick Resort Beachfront development land
Land Fund $110 million for Resort hotels
Stockbridge Real $2 billion to $3 Hotels in high-barrier to entry
Estate Fund III billion markets, other real estate
The purchase of existing
£100 million hotels within the U.K. real
Tamesis Fund ($149.6 million) estate market.
Thayer Hotel Full-service hotels in the
Investors Vl LP $300 million United States' top 25 markets.
provide debt financing for
various real estate sectors
Torchlight Debt including multi-family, office
Opportunity Fund IV $1 billion and hotels.
Will focus on budget and
midscale hotel real estate with
€250 million an above-average location and
UII Hotel Nr. 1 ($337 million) operator concept.
Global Hospitality
Recovery Fund Up to $1 billion Luxury hotels
$150 million U.S. select-service hotels
Expanding the Yotel brand
with existing development
sites and/or condominium
interests in mixed-used
development projects, non-
hotel buildings that can be
converted to Yotel hotels, and
existing hotels that could be
$250 million converted to Yotel hotels.
 Contact

acornfundmanagement.co.uk
aimbridgehospitality.com

applereitcompanies.com

ardengroup.com/

argosyrealestate.com

avfin.co.uk/

banyantreeholdings.com/mainin
dex.php

dowhotelco.com

www.baynorthcapital.com

blackmorecapital.co.uk/index.p
hp

blackstone.com

blumbergcapitalpartners.com

danielldevelopment.com

caerushospitality.com
www.carlyle.com/content/carlyle-asia-partners-iii

canyonpartners.com

capricapital.com

www.cpgroup-pr.com

concordhotels.com/

www.cornerstoneadvisers.com/

www.driftwoodhospitality.com

geolo.com
www.gs.com

greenfieldpartners.com

heihotels.com/

hostmark.com

thehotelgroup.com

intcapllc.com/

htp://www.invesco.com/portal/
site/global/AboutUs/

kimptonhotels.com/

loweenterprises.com/
macfarlan.com/

magnahospitality.com

millerglobal.com/

morganshotelgroup.com

nextbridgegroup.com

nobleinvestment.com

odysseyre.nl/

www.perseuscp.com

rljhotels.com/

rockbridgecapital.com

rockwoodcap.com/

htp://www.shanercorp.com/
www.SonnDev.com

tamesiscapital.com

htp://www.torchlightinvestors.c
om/

www.union-investment.com/realestate

waldeckcapital.com

yotel.com
Company Name of fund Equity size Target

distressed commercial real estate

Lone Star Real Estate and commercial mortgage-backed
Lone Star Funds Fund II $10 billion target securities
Focused on real estate
MGPA MGPA Asia Fund III $3.9 billion investments throughout Asia
LaSalle Investment Asia Opportunity over-leveraged projects, including
Management Fund II $2.1 billion remaining hotels
Starwood Capital
Group Hospitality Fund II $1 billion hotels

Starwood Capital Starwood Global

Group Opportunity Fund Vlll $1.8 billion distressed debt and properties

Kimpton Hotel & Kimpton Hospitality acquire, develop, redevelop

Restaurant Partners ll $246 million boutique hotels

limited- and select-service assets,

Summit Capital Real extended-stay properties between
Estate Finance $100 million 2 and 10 years old on a 65% LTV
distressed full-service and select-
Corporex service hotels
Crescent Hotels & Crescent Equity Fund upper-upscale hotels and
Resorts ll $200 million portfolios
Contact

lonestarfunds.com

mgpa.com/mgpa_asia_fund_iii.html

lasalle.com

starwoodcapital.com

starwoodcapital.com

kimptonhotels.com/

summit-capital.net

corporexcapital.com

chrco.com