Leading alternative investment firm KSL Capital Partners announced the final closing of its latest tactical opportunities fund, KSL Capital Partners Tactical Opportunities II, L.P. (Tac Opps II), with total capital commitments of $1.44 billion, including contributions from the General Partner.
This fund reached its hard cap, significantly exceeding its initial $1 billion target. It attracted strong support from diverse institutional and private investors, including public pension funds, sovereign wealth funds, foundations, asset managers, and family offices.
Advisor: Simpson Thacher & Bartlett was the legal counsel for KSL and the fund.
KEY QUOTES:
“We are proud to have earned the confidence of both new and returning investors. Our Tac Opps strategy was established to provide strategic partnership capital to highly differentiated travel and leisure businesses, and we are excited to expand those partnerships through Tac Opps II.”
- Dan Rohan, Partner and Head of Tactical Opportunities
“Over the past 30 years, we have worked to build a longstanding reputation for excellence in travel and leisure investing. Through our equity, credit and tactical opportunities vehicles, our investors and partners benefit from three synergistic strategies, which offer a continuum of solutions across the capital stack.”
- Eric Resnick, Chief Executive Officer of KSL
