Insight

KSL Capital racks up $2bn for sixth fund

KSL VI's limited partners include state and corporate pension funds, sovereign wealth funds, endowments, foundations, insurance companies, asset managers and family offices.

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  • Simpson Thacher & Bartlett LLP served as counsel to KSL and the fund
  • KSL invests in in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services

KSL Capital has closed its sixth fund at about $2 billion.

KSL VI’s limited partners include state and corporate pension funds, sovereign wealth funds, endowments, foundations, insurance companies, asset managers and family offices.

On the fundraising, Ana Goizueta, KSL’s head of investor relations & marketing said in a statement, “We are incredibly proud of our team’s efforts in this challenging fundraising environment. We believe that the capital we have raised reflects our long-standing sector focus, our investors’ understanding of the attractiveness of travel and leisure as an investment sector and with capital to deploy across equity, credit and tactical opportunities, our ability to take advantage of changing markets.”

Simpson Thacher & Bartlett LLP served as counsel to KSL and the fund.

KSL invests in in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services. KSL has offices in Denver; Stamford, Connecticut; New York City and London.