With a total investment capacity of €200m
Since its creation in 2015, Hotel Investissement Capital has raised three funds dedicated to the hospitality sector, the FPCI Hôtel Patrimoine, Cap Hospitality and Cap Hospitality III, with a total investment capacity, including leverage, of €200m.
Hôtel Patrimoine private equity fund
With €38m of capital raised in 2016 from professional and equivalent investors, the hotel investment fund Hôtel Patrimoine has carried out 7 operations on midscale segment assets, primarily on a premise plus business basis.
Its features
100% midscale hotels
€38m raised in 2016
Main cities across France
Primarily premises & business
Exit horizon of 7-8 years
8 transactions
Cap Hospitality private equity fund
With €42m of capital raised in 2019, half from institutional investors, the hotel investment fund Cap Hospitality is dedicated to short and medium stay commercial accommodation. The hotel investment fund has carried out eight transactions in the mid-range segment, mainly in the form of real estate and business assets.
Its features
Midscale commercial accomodation
€35m raised in 2019
Mainly in France and opportunistically in the eurozone
Priority premises & business
Exit horizon of 7-8 years
2 investments
Cap Hospitality III private equity fund
Currently being raised, the hotel investment fund Cap Hospitality III is an opportunistic fund that aims to capture good hotel investment opportunities linked to the Covid window. It made its first acquisition in June 2021. Subscriptions will close at the end of December 2021.
Its features
Midscale commercial accomodation
In the process of being raised
Mainly in France and opportunistically in the eurozone
Premises & business
Exit horizon 4-5 years
Acquisitions
Disclaimer
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Investing in a hotel investment fund involves a significant level of risk and should only be considered by Investors who have sufficient financial resources to allow them to accept this risk and who do not have any immediate need to liquidate their investment or obtain the reimbursement of the paid-up amount of their commitment.
Changes to the legal, tax or regulatory conditions may be made during the life of a hotel investment fund and could adversely affect its performance or the performance of its investments.
No guarantee can be given that a hotel investment fund’s target returns will be achieved.
Past performance by similar investments is not necessarily indicative of future performance for a fund’s investments.
Any investment in a private equity fund is subject to risks, including but not limited to: risk of capital loss; risk of profitability being lower than the target probability; liquidity risk (the private equity fund’s units will be locked in for the duration of the fund); market risk (the resale of the private equity fund’s assets is subject to real estate and hotel market contingencies); operational risk (compliance, management, work, etc.).