KSL Capital Partners is a
Private-equity firm
A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leve ...
based in
Denver, Colorado
Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...
specializing in travel and leisure investments. Many of the investments have involved Colorado ski resorts.
Since its founding in 2005, the firm has raised more than $13 billion.
The company traces is roots to 1992 with the founding of KSL Recreation by
Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strate ...
(in particular
Henry Kravis
Henry R. Kravis (born January 6, 1944) is an American businessman, investor, and philanthropist.[Vail, Colorado
Vail is a home rule municipality in Eagle County, Colorado, United States. The population of the town was 4,835 in 2020. Home to Vail Ski Resort, the largest ski mountain in Colorado, the town is known for its hotels, dining, and for the num ...]
area. KSL Recreation became KSL Resorts, owning
Grand Wailea Resort
The Grand Wailea Resort & Spa is a 40-acre Waldorf Astoria luxury resort located on the beach in Wailea, Maui, Hawaii. The hotel opened in 1991 as the ''Grand Hyatt Wailea''. The Grand Wailea is owned by BRE Hotels & Resorts and is the larges ...
, La Quinta Resort,
Doral Golf Resort,
Arizona Biltmore Hotel
The Arizona Biltmore Hotel is a resort located in Phoenix near 24th Street and Camelback Road. It is part of Hilton Hotels' Waldorf Astoria Hotels and Resorts. It was featured on the Travel Channel show ''Great Hotels.'' The Arizona Biltmore h ...
,
Claremont Resort
Claremont Club & Spa, A Fairmont Hotel is a historic hotel situated at the foot of Claremont Canyon in the Berkeley Hills and located in the Claremont district, near the intersection of Claremont Avenue and Ashby Avenue; the site straddles the ...
, and
Lake Lanier Islands
Lake Lanier Islands is a resort complex built on a small group of islands on Lake Lanier, the largest lake in Georgia, located 60 miles northeast of Atlanta, Georgia. The resort complex was established in 1974 and includes a hotel, water park, go ...
KSL Resorts was sold to
CNL Hospitality in 2004.
Shannon -- minus his two previous partners but with new partner Eric C. Resnik -- created KSL Capital Partners in 2005 following the 2004 sale of KSL Resorts.
Notable projects
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The Belfry
The Belfry is a golf resort and hotel in Wishaw, Warwickshire, close to Sutton Coldfield, England, located approximately 8 miles from the centre of Birmingham. It was acquired by KSL Capital Partners in August 2012.
The resort has three golf c ...
*
Grove Park Inn
The Omni Grove Park is a historical resort hotel on the western-facing slope of Sunset Mountain within the Blue Ridge Mountains, in Asheville, North Carolina. It has been visited by various presidents of the United States and many other notable ...
*
The Homestead
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La Costa Resort
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ClubCorp
ClubCorp is a privately held American corporation based in Dallas and is the largest owner and operator of private golf and country clubs in the country. It owns or operates more than 200 golf and country clubs and business, sports and alumni ...
*
Palisades Tahoe
Palisades Tahoe is a ski resort in the western United States, located in Olympic Valley, California, northwest of Tahoe City in the Sierra Nevada range. From its founding in 1949, the resort was known as Squaw Valley, but it changed its name in ...
(formerly Squaw Valley)
*
Alpine Meadows
Alpine tundra is a type of natural region or biome that does not contain trees because it is at high elevation, with an associated harsh climate. As the latitude of a location approaches the poles, the threshold elevation for alpine tundra gets ...
*
Whistler Blackcomb
Whistler Blackcomb is a ski resort located in Whistler, British Columbia, Canada. By many measures it is the largest ski resort in North America and has the greatest uphill lift capacity. It features the Peak 2 Peak Gondola for moving between ...
*
Blade (company)
BLADE Air Mobility, Inc. (stylized "BLADE") is a publicly traded company in New York City and incorporated in Delaware. It offers an urban air mobility platform. It allows users of its app to book seats on scheduled flights throughout the Northe ...
, sponsor of NASDQ listing
References
{{reflist
Links
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KSL Capital Partners(company website)
Private equity firms of the United States
Financial services companies established in 2005
Companies based in Denver