Fundraising - SEPTEMBER 30, 2015

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KSL Capital Partners holds final close of $2.68b

by Zoë Wolff

KSL Capital Partners has held a final close of $2.68 billion in equity commitments for its fourth fund, exceeding its $2.25 billion fundraising target, according to a statement.

KSL Partners IV, which launched in November 2014, focuses on investments in real estate and real estate–related travel and leisure businesses, such as hotels, resorts and golf courses.

Investors in the fund have included the New York State Common Retirement Fund, the Houston Firefighters’ Relief and Retirement Fund, the

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