KSL Capital Partners Closes $2.677 Billion Private Equity Fund

KSL Capital Partners, announces that it has completed the final closing of its latest travel and leisure focused private equity fund.

Fund IV took less than a year to raise, with demand from both existing and new investors significantly surpassing the Fund’s original target amount of $2.25 billion. Investors in KSL IV include a diverse group of state pension funds, corporate pension funds, sovereign wealth funds, endowments, foundations, insurance companies and family offices.

“Similar to our prior private equity and credit funds, KSL IV will target investments exclusively in the travel and leisure sector globally”

“Similar to our prior private equity and credit funds, KSL IV will target investments exclusively in the travel and leisure sector globally,” said Eric Resnick, CEO of KSL Capital Partners. “KSL IV garnered significant interest from our existing investor base and accepted commitments from a select group of new investors. We are grateful for the support shown by all of our limited partners.”

KSL was founded by Eric Resnick and firm Chairman Mike Shannon in 2005. Since the firm’s inception, KSL has raised in excess of $7 billion in equity and debt commitments. In addition to the founding partners, KSL’s investment committee members include Coley Brenan, John Ege, Craig Henrich, Peter McDermott, Martin Newburger, Dan Rohan, Bernard Siegel, Steven Siegel, Bryan Traficanti and Richard Weissmann.

Share this page:

In this section

Mega Buyout Funds Raise $85bn

Following the recent significant final close of Apollo Investment Fund VIII, the largest buyout vehicle to have reached a final close since the global financial crisis in 2008, Preqin has taken a closer look at the private equity buyout fundraising market.

READ MORE →

Chelverton Asset Managemnent Appoints Richard Bucknell

Chelverton Asset Management has confirmed that it has appointed Richard Bucknell as Investment Director in its unquoted equities team.

READ MORE →

European Leveraged Loans Regaining Ground

The European leveraged finance market is set to undergo a shift this year, as private equity sponsors veer back towards loans to finance leveraged buyouts.

READ MORE →

Deal Values Rise in Euro Buy & Build

Silverfleet Capital's Buy & Build Monitor reports rising deal values in Europe.

READ MORE →

Private Investor Club Completes Maiden Deal

Specialist investor Chelverton Asset Management has confirmed the completion of its first deal since the launch last year of its Investor Club proposition.

READ MORE →

Tech Start-Up Investment Vehicle Launched

Force Over Mass Capital (FOMCAP) has launched a new SEIS/EIS investment vehicle which gives individual investors access to the rapidly growing start-up technology space while allowing them to receive tax reliefs of up to 64% of the capital invested under the Enterprise Investment Scheme.

READ MORE →

News Stand

View more → Sign up to receive new issues →