This Policy describes the types of information we may collect from you or that you may provide when you visit the Website and our practices for collecting, using, maintaining, protecting, and disclosing that information. This Policy applies to information we collect: (i) on the Website, and (ii) in email and other electronic messages between you and the Website.
If you do not agree to this Policy for any reason, please do not use the Website.
You may visit our Website without being required to provide your name, email address, or similar personal information. However, we may collect several types of information from and about users of the Website, including information:
Directly from you when you provide it to us. You may give us your personal data by filling in forms (such as grant applications), or by corresponding with us through the Website, by email, or otherwise. This includes personal data you provide (i) when you send an email inquiry to the company, (ii) when you sign up to receive email newsletters from us, (iii) in connection with grant applications or awards, or (iv) when you register for and/or participate in our programs, initiatives, and events.
Automatically as you navigate through the Website. Information collected automatically may include usage details, IP addresses, and information collected through browser cookies. A cookie is a small file placed on the hard drive of your computer. You may refuse to accept browser cookies by activating the appropriate setting on your browser. However, if you select this setting you may be unable to access certain parts of the Website.
From third parties, such as our grantee organizations.
We may receive personal data about you from third parties and other sources, including your organization/company, publicly available sources, and third-party analytics providers. For example, we may receive your personal data if someone at your organization designates you as a contact person for that organization or includes information about you in a grant application.
We may use the information we collect to:
We process personal data on the following legal bases: (1) where you have given us your consent; (2) as necessary to perform our agreements; (3) as necessary to comply with legal obligations to which we are subject; and/or (4) as necessary for our legitimate interests in providing services where those interests do not override your fundamental rights and freedom related to data privacy.
We will only use your personal data for the purposes for which we collected it, unless we reasonably determine that we need to use it for another reason that is compatible with the original purpose(s) and/or as required or permitted by law. If we need to use your personal data for an unrelated purpose, we will notify you and explain the legal basis which allows us to do so.
The company does not sell, rent, or otherwise disclose your personal data to any third parties, except as described below.
We may disclose your personal data to third-party service providers who use the information to perform services on our behalf, such as website hosting, information technology services, and data management. We require all third-party service providers to respect the security of your personal data and to treat it in accordance with the law. We do not allow our third-party service providers to use your personal data for their own purposes and only permit them to process your personal data for specified purposes and in accordance with our instructions.
We may use or disclose your personal data as we deem necessary or appropriate under applicable laws; to respond to requests from public, governmental, and regulatory authorities; to comply with court orders, litigation procedures, and other legal processes; to obtain legal remedies or limit our damages; and to protect the rights, safety, or property of our employees, you, or others.
No data transmission over the internet can be 100 percent secure; therefore, the company cannot ensure or warrant the security of any information submitted on or to the Website. We have put in place procedures to address any personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.
Nevertheless, we have put in place appropriate security measures to prevent your personal data from being accidentally lost, used, accessed in an unauthorized way, altered, or disclosed. In addition, we limit access to your personal data to those employees, agents, and third-party service providers who need to know that information in order to provide services to us and yourself. We maintain physical, electronic, and procedural safeguards to protect your personal data.
We have put in place procedures to address any personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.
We may make changes to this Policy from time to time. We will post any changes to this page along with a notice at the end of the Policy of the last date that any changes were made. Your continued use of the Website following the posting of any changes will mean you accept those changes.
The Website is operated and controlled by the company in the United States. By using the Website, you:
If you are an EU national and reside in the EU, or are a non-EU national residing in the EU, we will transfer your personal data to the United States in accordance with EU data protection law requirements and/or by using standard contractual clauses that have been approved by the European Commission. Such a transfer may also take place with your explicit consent and/or if necessary in order to perform a contract with you or fulfill your request.
If you are an EU national and reside in the EU, or are a non-EU national residing in the EU, you may have the following rights under data protection laws with respect to the personal data you provide to us:
If you wish to exercise any of the rights set out above, please contact us . Controller. If you are an EU national and reside in the EU, or are a non-EU national residing in the EU, the data controller (as defined under EU data protection law) will be The Andrew W. Mellon company.
Saumil is a FINRA license holder and a qualified CFA. He is an experienced M&A and private placement investment banker with a proven record as a trusted advisor to public and private companies. Before joining the Patel Hotel Fund, he raised over 400 Million in Capital through various private placements for the business entities towards their growth.
Saumil has led an investment banking team in New York for 4 years and represented debt and equity capital raising on Wall Street, deal structuring and managed operations of investment banking.
He has the Series 24, 63, 79, and 82 FINRA licenses. He is a CFA, has an MBA in finance from Boston University, and a bachelor’s in computer engineering from Mumbai University. In the Bloomberg Aptitude Test, Saumil was ranked #3 worldwide and #2 across North America.
Saumil Leads the deal screening as well as the market analysis desk. He is actively involved in the Investor relationship, reporting, and operations management of the fund.
Tulsee is a third-generation hotelier, ranked 30 Under 30 in hospitality by AAHOA. She brings in 3 generations of family relationships and contacts across the United States with her unique way of analyzing deals beyond the financials in the operational as well as the market future forecasting.
The family business took her to the Bay Area. What started with 1 project turned into underwriting 12 development opportunities and holding 3. She later went to join Marcus and Millichap where she enhanced her knowledge underwriting complex hospitality investments ranging from $2 to $35 million. In her current role, she is responsible for investment sales, debt and equity placement, strategic advisory, and asset management.
Tulsee was an AAHOA North Pacific Ambassador, one of America’s largest non-profit bodies that integrate the hoteliers across all states for 2 years, and North Texas Ambassador for one year where she bridges hotelier feedback with brand representatives and elected officials lobbying biannually in DC.
She is also passionate about her involvement with female empowerment and communities; annual scholarship judge with Girls Inc Oakland, packing snacks for food insecurity in Texas with Snack Pak 4 Kids, cleaning up with the elected councilman of her old childhood neighborhood near Fruitvale BART in Oakland, and taking time to support elected female representatives.
Tulsee earned her business administration degree in Marketing with a minor in Sales from the University of Houston.
Purnima brings 30 years of hospitality legal transaction experience and her network of hotel owners to the fund. Beyond the hotel transaction experience, she holds over 30 years of experience in commercial and residential real estate law and immigration law. She specializes in hotel and motel acquisition, sale, construction, franchise, and financing.
Purnima worked as a municipal attorney for the City of Binghamton for six years. She also has experience working in the real estate department at Hinman, Howard, and Kartell. Purnima is known for her unparalleled work ethic and dedication to her clients in advocating for their best interests. She has enjoyed and cultivated a 25+ year relationship with most of her clients and has seen a repeat client rate of 100%.
Purnima has owned and operated her practice since 1993 and has been a shining exemplar as a female and minority lead counsel well ahead of her times. A Singapore native, she holds a Bachelor of Laws degree from the National University of Singapore, where she graduated in the top ten of her class. She is admitted to the bar in NY and as a corporate counsel in PA. Purnima is an in-house counsel, leading legal and compliance to asset transactions.
Dipika has over 22+ years of experience in the hospitality industry and is a seasoned veteran in hotel operations and real estate. Dipika served as the President and CEO of Hayden Holdings, a hospitality investment and management company with real estate assets valued at more than $250 million.
Dipika is a corporate professional turned entrepreneur known as Dee in the Hospitality circle. Before carrying the family mantle into the hospitality industry, she spent 14 years on Wall Street with leading banks and private equity firms; Citigroup, Merrill Lynch/Bank of America. She carries 20+ years of experience in developing, managing, and transacting hotels in Select Service and Full-Service segments across various geographies in the U.S. She has also managed investment exposure in multi-family properties and real estate beyond hospitality across various states. In the last 10 years, in her capacity, she has developed 25+ hotels and transacted 50+ hotels. She has also created and owned the boutique hotel brand “Hayden” in NYC.
Dipika holds a Bachelor of Science Degree in Business Finance from the Business School of Manchester, the UK. She is also a Six Sigma black belt certified in process management from GE Jack Welch Academy.
Dipika Patel is a Managing Member providing overall strategic guidance for the fund and she oversees the origination, structuring, and asset management of the company’s investments.