KSL Capital Partners related stories
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Spain's Parques Reunidos attracts four private equity bids, say sources: ReutersFour investment firms have submitted indicative bids for Spanish theme park operator Parques Reunidos, in a deal which could realize a 2 billion euro ($2.27 billion) exit for private equity owner Arle Capital, sources told Reuters.
- KSL Capital Fund IV raises $2.68 bln
KSL Capital Partners LLC said Monday that its latest private equity fund closed with about $2.68 billion in commitments. KSL Capital Partners IV LP took less than a year to raise and surpassed the fund’s target of $2.25 billion. KSL IV will focus on investing exclusively in the travel and leisure sector globally, the firm said.
Market at a glanceU.S.-based buyout and mezzanine fundraising had yet another boisterous two weeks, adding $9.7 billion to its yearly total. As it stands right now, this year’s aggregate sits nearly $30 billion ahead of where it was a year ago.
KSL raises three-quarters of Fund IVKSL Capital Partners, a Denver-based private equity firm that backs high-end resorts, has raised more than three-quarters of the $2.25 billion target for its fourth fund, according to a Form D filing.
Oregon off to fast start, commits $1 bln to PE in early 2015The Oregon Investment Council allocated up to $1.05 billion across eight private equity funds in January and February, putting the retirement system almost halfway toward its annual commitment target of $2.4 billion.
New Mexico PERA inks $150 mln account with 57 StarsThe Public Employees Retirement Association of New Mexico committed up to $150 million to a separate account managed by 57 Stars at its March 10 meeting, Portfolio Manager Joaquin Lujan said in an email.
- Summit Partners promotes three
Summit Partners has promoted Peter Rottier to managing director. Also, the firm has upped Peter Francis and Colin Mistele to vice president. Prior to joining Summit, Rottier worked at KSL Capital Partners, Stone Arch Capital and RBC Capital Markets. And before they both came to Summit, Francis worked at Jefferies & Company and UBS Investment Bank while Mistele worked at Union Square Advisors, Accenture and Electronic Arts.
- Washington commits $400 mln to private equity
The Washington State Investment Board committed $400 million to private equity at its Dec. 18 meeting, allocating $250 million to KSL Capital Partners and $150 million to Endeavour Capital, spokeswoman Kate Sandboe said in an email.
- Miraval Group invests in ESPA
Miraval Group said Friday that it invested in ESPA. Financial terms weren’t announced. London-based ESPA provides luxury spa and wellness products and services. Miraval, which is backed by KSL Capital Partners and Revolution Places, also said that it appointed Elizabeth Blair as CEO and Andrea Persily as CFO.
- KSL Capital acquires Village Urban Resorts
KSL Capital Partners has acquired Village Urban Resorts from De Vere Group. Village Urban Resorts has 25 existing properties and three new properties under development. Financial details of the transaction were not disclosed.