KSL Capital Partners holds $2b final close

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

“When we began fundraising, we set out an ambitious goal of raising capital for each of our strategies in a compressed timeframe,” said Eric Resnick, CEO of KSL Capital Partners. “One of our primary goals in raising new capital was to provide a return of capital to our existing investors which we accomplished in raising a single-asset continuation vehicle for each of Ross Aviation and Alterra Mountain Company, the latter being one of the largest continuation vehicles completed to date. The remai