DENVER—KSL Capital Partners has completed the final closing of its latest travel and leisure focused private equity fund, KSL Capital Partners IV, LP, with total commitments of $2.677 billion, including the commitment of its general partner.
Fund IV took less than a year to raise, with demand from both existing and new investors significantly surpassing the fund’s original target amount of $2.25 billion. Investors in KSL IV include a diverse group of state pension funds, corporate pension funds, sovereign wealth funds, endowments, foundations, insurance companies and family offices.