KSL Capital Partners, a Denver, CO-based investor in travel and leisure businesses, closes its latest travel and leisure focused private equity fund, KSL Capital Partners VI, L.P. (“KSL VI”).
Together with commitments from the General Partner, KSL VI closed on approximately $2 Billion in capital commitments.
The fund is backed by a diverse group of existing and new investors including state and corporate pension funds, sovereign wealth funds, endowments, foundations, insurance companies, asset managers and family offices.
Led by CEO Eric Resnick, KSL Capital Partners is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services. It has offices in Denver, Colorado, Stamford, Connecticut, New York, and London, UK, and invests across three primary strategies through its equity, credit and tactical opportunities funds.
In late 2021, KSL Capital Partners set a multi-year goal to raise new vehicles across various investment strategies, including Private Equity, Credit and Tactical Opportunities. Since October 2021, KSL has raised over $10.5 Billion across these strategies.
Commenting on the news, Eric Resnick said: “Our investors have positioned us well to take advantage of what we believe is a unique time in the market, particularly for travel and leisure businesses where we are able to leverage our deep operational expertise for the benefit of all our investment vehicles. We are tremendously grateful for the support shown to us by our investors across our strategies.”
FinSMEs
14/03/2024