KSL Capital Partners related stories
All articles and analysis
KSL Capital Buys The Royal Palm HotelKSL Capital Partners paid $130 million to acquire The Royal Palm Hotel, in Miami’s South Beach district. The firm bought the hotel from publicly traded of Sunstone Hotel Investors. The hotel is managed by Denihan Hospitality Group who will remain in place following the acquisition. KSL Capital has offices in Denver and New York.
- KSL Capital Partners Adds Craig Henrich as Principal
Buyout shop KSL Capital Partners has added Craig Henrich as a principal. Previously, Henrich worked as a senior managing director of CW Capital Investments, where he led its single asset group specializing in the acquisition and management of debt investments, including high-yield and mortgage-backed securities. KSL is based in Denver.
- Send Distributions To Washington−Please!!
The Washington State Investment Board has edged above its target allocation to private equity, with investments accounting for 25.3 percent of its $56.3 billion portfolio as of the end of September, according to sister publication Buyouts magazine http://www.buyoutsnews.com Its target allocation is 25 percent. The deep-pocketed state's PE holdings, which date back to 1981, were valued at an estimated $13.8 billion at the end of March, according to data on the investment board's Web site. The portfolio at that point consisted of interests in 245 funds to which the state state had committed an estimated $32.5 billion. Of that, PE firms had drawn down an estimated $27.6 billion and returned $24.5 billion. Older funds that appeared, as of March, to have drawn down quite a bit more than they've distributed include Frazier Healthcare IV ($40 million committed in or around 2001, $37.8 million drawn down, $13.2 million distributed), OVP Venture Partners VI ($40 million committed in or around 2001, $40 million drawn down, and $5.6 million distributed), and Green Equity Investors IV ($100 million committed in or around 2003, $107.4 million drawn down and $36.1 million distributed).
- KSL Capital Complets Squaw Valley Buy
KSL Capital Partners said Tuesday that it has completed its buy of the Squaw Valley Development Co., which includes the Squaw Valley USA ski operations, the Village of Squaw Valley and related real estate holdings. Squaw Valley, of Olympic Valley, Calif., is a ski resort. KSL Capital is a Denver PE firm.
- KSL Acquires Squaw Valley Ski Resort Operator
KSL Capital Partners will pay an undisclosed amount for The Squaw Valley Development Company, which operates the Squaw Valley ski resort. Financial terms of the deal were not released, though the companies said the acquisition would close by the end of the year. Squaw Valley is located near Lake Tahoe in Northern California and is comprised of more than 4,000 acres. KSL Capital Partners has offices in Denver and New York, and focuses on investments in the travel and leisure industries.
- Done deals, week of March 29, 2010
Deals are disclosed transactions from March 16 to March 23, based on Thomson Reuters data
- KSL Capital Buys La Costa Resort
KSL Capital Partners has acquired Carlsbad, Calif.-based La Costa Resort and Spa. No financial terms were disclosed.
- peHUB Wire: Thursday, March 18, 2010
Random Ramblings…
- peHUB Wire: Thursday, March 18, 2010
Random Ramblings…