SINGAPORE, Nov.6, 2022 /PRNewswire/ — KSL Capital Companions, LLC (“KSL”), a number one investor in journey and leisure companies, in the present day introduced that its associates obtained the Merger & Acquisition Deal of the Yr award on the Lodge Funding Convention Asia Pacific (“HICAP”), the area’s largest resort convention, for the acquisition of the W Maldives and the Sheraton Maldives Full Moon Resort & Spa. The transaction closed in June 2022 for an undisclosed quantity.
“For over 30 years, KSL has invested in premier journey and leisure locations internationally, and our robust background in hospitality permits us to uniquely perceive the potential of those properties and the way finest to drive strategic worth for visitors, staff, buyers and the communities during which we function,” stated Siddhant Jhunjhunwala, Director of Investments, APAC for KSL. “We’re excited to be acknowledged at Asia’s largest and longest-running resort convention for our acquisition of the W Maldives and the Sheraton Maldives Full Moon Resort & Spa, which is a chief instance of the kind of high-quality investments we search to make globally, and a testomony to the success of our rising funding presence in Asia Pacific.”
Extra data on the acquisition of the W Maldives and the Sheraton Maldives Full Moon Resort & Spa by associates of KSL may be discovered here.
About KSL Capital Companions
KSL Capital Companions, LLC is a non-public fairness agency specializing in journey and leisure enterprises in 5 main sectors: hospitality, recreation, golf equipment, actual property and journey companies. KSL has places of work in Denver, Colorado; Stamford, Connecticut; New York Metropolis, New York; London, England and Singapore. Since 2005, KSL has raised roughly US$18 billion of capital throughout each fairness, credit score and tactical alternatives funds. KSL’s present portfolio consists of among the premier properties in journey and leisure. For extra data, please go to www.kslcapital.com.
Jon Keehner / Kate Thompson / Erik Carlson
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SOURCE KSL Capital Companions