KSL
Private equityDenver · 13 people tracked
Investment thesis
KSL Capital Partners invests exclusively in the Travel & Leisure sector, drawing on a 30-year track record to identify and execute investments. The firm applies an operator-first mindset, hands-on operating experience, and a commitment to responsible stewardship, partnering with strong management teams to pursue exceptional outcomes. Having invested in over 190 businesses globally since its founding, KSL currently deploys capital through multiple vehicles including KSL Capital Partners VI, KSL Tactical Opportunities II, and KSL Credit Fund IV, spanning both equity and credit strategies across travel and leisure businesses worldwide.
Source: firm website, verified Aug 6, 2026.
Team · 13 people
from the firm's websiteInvestments · 132 tracked
founders shown can be your intro pathFund performance · per public LP disclosures · 14
as of Mar 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| KSL Capital Partners CV II 3, LPLPs: Empire State Development – New York Ventures | 2023 | — | — | 1.06x | 0.00x |
| KSL Capital Partners Fund VILPs: Tulare County Employees' Retirement Association | 2023 | — | -6.5% | 0.78x | 0.00x |
| KSL Capital Partners Credit Opportunities Fund IV, LPLPs: Empire State Development – New York Ventures | 2022 | — | — | 1.03x | 0.17x |
| KSL Capital Partners VILPs: Empire State Development – New York Ventures, Contra Costa County Employees' Retirement Association, Kern County Employees' Retirement Association +3 more | 2022 | — | -6.5% | 0.68x | — |
| KSL Capital Partners Credit Opportunities Fund III, LPLPs: Empire State Development – New York Ventures | 2021 | — | — | 1.23x | 0.41x |
| KSL Capital Partners Tactical Opportunities Fund II, L.P. Executed October 2024LPs: Empire State Development – New York Ventures, New Jersey Division of Investment | 2021 | — | — | 1.38x | 0.27x |
| KSL Captal Partners Coto Co-Invest I, LPLPs: Empire State Development – New York Ventures | 2021 | — | — | 1.10x | 0.02x |
| KSL Capital Partners V, L.P.LPs: Empire State Development – New York Ventures, Washington State Investment Board, Oregon Public Employees Retirement System +3 more | 2019 | — | 12.1% | 1.30x | 0.54x |
| KSL Capital Partners IV, L.P.LPs: Washington State Investment Board, Empire State Development – New York Ventures, Oregon Public Employees Retirement System +2 more | 2016 | — | 12.3% | 1.60x | 0.81x |
| KSL Capital Partners Credit Opportunities FundLPs: Oregon Public Employees Retirement System | 2014 | — | 14.4% | 1.38x | 1.38x |
| KSL Capital Partners III, L.P.LPs: Washington State Investment Board, Empire State Development – New York Ventures, Oregon Public Employees Retirement System +2 more | 2011 | — | 7.6% | 1.20x | 1.16x |
| KSL Capital Partners Supplemental IILPs: Oregon Public Employees Retirement System, Washington State Investment Board | 2009 | — | 24.8% | 2.16x | 2.17x |
| KSL Capital Partners Supplemental II TE, L.P.LPs: Washington State Investment Board | 2009 | — | 24.8% | 2.20x | 2.16x |
| KSL Capital Partners II, L.P.LPs: Oregon Public Employees Retirement System, Washington State Investment Board, Annie E. Casey Foundation | 2006 | — | 15.3% | 1.87x | 1.87x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What sectors does KSL focus on?
- KSL focuses on Travel & Hospitality.
- Where is KSL located?
- KSL is headquartered in Denver, US.
Media · Podcasts & interviews
featuring the teamEric Resnick – Ski, Golf, and Vacation Investing at KSL (Capital Allocators, EP.322) - YouTube
Capital Allocators with Ted Seides · Eric Resnick
Images
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