Latest news with #NeilGallagher
Yahoo
26-05-2025
- Business
- Yahoo
KSL Capital Partners acquires majority interest in Soneva Group
An affiliate of alternative investment firm KSL Capital Partners has acquired a majority interest in Soneva Group, a company in sustainable luxury hospitality operating since 1995. The firm exercised its right to convert certain securities, following its initial minority investment in November 2019. This move reinforces KSL's commitment to Soneva's strategy and its unique position in the luxury experiential travel market. Neil Gallagher has been named CEO of Soneva, bringing over 20 years of international hospitality experience from the US, Europe, the Middle East, and the Caribbean. His previous roles include positions at Clermont Hotel Group, IHG Hotels & Resorts, and Marriott Vacation Club International. Soneva's portfolio includes Soneva Fushi, Soneva Jani, Soneva Secret, and the Soneva in Aqua yacht in the Maldives. KSL Capital Partners focuses on investments in the travel and leisure sectors, including hospitality, recreation, clubs, real estate, and travel services. With equity, credit, and tactical opportunities funds, KSL has a global portfolio of resorts and hospitality brands. Earlier this month, KSL also broadened its presence in Europe by acquiring JW Marriott Venice Resort & Spa from Aareal Bank Group, a property banking specialist. This marks the first equity investment by KSL's European Capital Solutions platform, targeting high-quality urban and resort developments in Europe. In July 2023, a KSL affiliate bought a significant stake in Sereno Hotels, founded by the Contreras family and known for its ultra-luxury hotels Il Sereno and Le Sereno in Italy. The sum for this acquisition has not been disclosed. "KSL Capital Partners acquires majority interest in Soneva Group" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
KSL Capital Partners Has Taken a Majority Stake in Soneva
DENVER, May 23, 2025 /PRNewswire/ -- KSL Capital Partners, LLC ("KSL"), a leading alternative investment firm, today announced that an affiliate has taken a majority interest in the Soneva Group ("Soneva"), a pioneer in sustainable luxury hospitality since 1995 with award-winning resorts in the Maldives, following the exercise of its right to convert certain securities. The transaction builds on the firm's initial minority investment in November 2019 and underscores KSL's continued conviction in Soneva's long-term strategy and differentiated approach to ultra-luxury experiential travel. To help lead the next phase for Soneva, Neil Gallagher has been appointed Chief Executive Officer of Soneva. A seasoned international hospitality leader, Mr. Gallagher brings more than two decades of experience across Europe, the Middle East, the U.S. and the Caribbean. He previously served as CEO and CFO of Clermont Hotel Group (formerly glh Hotels Management) and held leadership roles at IHG Hotels & Resorts, including CFO, Europe. Earlier in his career, Mr. Gallagher held leadership positions at Marriott Vacation Club International. About SonevaFounded in 1995, Soneva is a pioneering, award-winning luxury resorts operator. At Soneva Fushi, Soneva Jani, Soneva Secret and the Soneva in Aqua yacht in the Maldives, true 'luxury' is defined by peace, time and space. Guests discover the SLOW LIFE, reconnecting with themselves and the natural world through rare, unforgettable experiences. Soneva is a pioneer for responsible tourism, combining sustainability with exquisite hospitality and intuitive, personalized service. About KSL Capital Partners KSL Capital Partners, LLC is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services. KSL has offices in Denver, Colorado; Stamford, Connecticut; New York, New York; and London, England. KSL invests across three primary strategies through its equity, credit and tactical opportunities funds. KSL's current portfolio includes some of the premier properties in travel and leisure. KSL has spent more than three decades investing in luxury and experiential travel, building a leading global portfolio of high-end resorts, destination experiences and hospitality brands. With deep sector expertise and an expansive international footprint, the firm brings significant scale and experience to the global Travel & leisure sector, along with differentiated insight into the ultra-luxury hospitality market. For more information, please visit Media ContactKate Thompson / Erik CarlsonJoele Frank, Wilkinson Brimmer KatcherKSL-JF@ 355-4449 View original content: SOURCE KSL Capital Partners Sign in to access your portfolio
Associated Press
23-05-2025
- Business
- Associated Press
KSL Capital Partners Has Taken a Majority Stake in Soneva
DENVER, May 23, 2025 /PRNewswire/ -- KSL Capital Partners, LLC ('KSL'), a leading alternative investment firm, today announced that an affiliate has taken a majority interest in the Soneva Group ('Soneva'), a pioneer in sustainable luxury hospitality since 1995 with award-winning resorts in the Maldives, following the exercise of its right to convert certain securities. The transaction builds on the firm's initial minority investment in November 2019 and underscores KSL's continued conviction in Soneva's long-term strategy and differentiated approach to ultra-luxury experiential travel. To help lead the next phase for Soneva, Neil Gallagher has been appointed Chief Executive Officer of Soneva. A seasoned international hospitality leader, Mr. Gallagher brings more than two decades of experience across Europe, the Middle East, the U.S. and the Caribbean. He previously served as CEO and CFO of Clermont Hotel Group (formerly glh Hotels Management) and held leadership roles at IHG Hotels & Resorts, including CFO, Europe. Earlier in his career, Mr. Gallagher held leadership positions at Marriott Vacation Club International. About Soneva Founded in 1995, Soneva is a pioneering, award-winning luxury resorts operator. At Soneva Fushi, Soneva Jani, Soneva Secret and the Soneva in Aqua yacht in the Maldives, true 'luxury' is defined by peace, time and space. Guests discover the SLOW LIFE, reconnecting with themselves and the natural world through rare, unforgettable experiences. Soneva is a pioneer for responsible tourism, combining sustainability with exquisite hospitality and intuitive, personalized service. About KSL Capital Partners KSL Capital Partners, LLC is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services. KSL has offices in Denver, Colorado; Stamford, Connecticut; New York, New York; and London, England. KSL invests across three primary strategies through its equity, credit and tactical opportunities funds. KSL's current portfolio includes some of the premier properties in travel and leisure. KSL has spent more than three decades investing in luxury and experiential travel, building a leading global portfolio of high-end resorts, destination experiences and hospitality brands. With deep sector expertise and an expansive international footprint, the firm brings significant scale and experience to the global Travel & leisure sector, along with differentiated insight into the ultra-luxury hospitality market. For more information, please visit Media Contact Kate Thompson / Erik Carlson Joele Frank, Wilkinson Brimmer Katcher [email protected] (212) 355-4449 View original content: SOURCE KSL Capital Partners
