KSL Capital Partners Successfully Closes Its Second Tactical Opportunities Fund with $1.44 Billion in Capital Commitments

KSL Capital Partners Closes Second Tactical Opportunities Fund

On April 10, 2025, KSL Capital Partners, LLC, a prominent firm in alternative investments, proudly announced its final closure of the KSL Capital Partners Tactical Opportunities II, L.P. This latest fund has garnered a remarkable total of $1.44 billion in capital commitments, which even includes contributions from its General Partner. This accomplishment exceeds the initial target of $1 billion and reflects robust support from an array of institutional and private investors.

Investor Confidence

Dan Rohan, Partner and Head of Tactical Opportunities, expressed immense pride in the trust the firm has gained from both new and returning investors. He remarked, “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.”

The diversity of the investor base illustrates the fund's broad appeal, attracting contributions from public pension funds, sovereign wealth funds, foundations, asset managers, and family offices. This diverse coalition underscores the confidence placed in KSL's vision and track record within the investment community.

A Legacy of Excellence

Eric Resnick, the firm’s Chief Executive Officer, noted the longstanding reputation KSL has built over three decades in the travel and leisure investment sectors. Resnick highlighted that the firm employs a continuum of solutions across the capital stack through its three main strategies: equity, credit, and tactical opportunities vehicles.

“This synergy provides our investors and partners with access to premier properties within travel and leisure,” he added, emphasizing the significance of these strategies in achieving solid returns in a competitive market.

Legal Support

Simpson Thacher & Bartlett LLP provided legal counsel to KSL and the fund, ensuring the closure process adhered to all regulatory frameworks. Their involvement undoubtedly contributed to the seamless execution of this major milestone for KSL Capital Partners.

About KSL Capital Partners

KSL Capital Partners is a private equity firm that primarily targets the travel and leisure sectors. Its investments span across different areas including hospitality, recreation, clubs, real estate, and travel services. Headquartered in Denver, Colorado, with additional offices in Stamford, Connecticut; New York, New York; and London, England, KSL strategically invests through its equity, credit, and tactical opportunities funds. Among its portfolio are some of the industry’s most distinguished properties, showcasing the firm's commitment to excellence and innovation in the sector.

For more details about KSL Capital Partners and its investment strategies, you can visit their official website at www.kslcapital.com.

In conclusion, the successful closure of the Tactical Opportunities II fund marks a significant achievement for KSL Capital Partners, reinforcing its reputation as a leader in alternative investment while expanding its influence in the travel and leisure markets.