KKR Prodigy Launches Debut Leisure Fund

MacFadyen, Ken
September 2006
Investment Dealers' Digest;9/18/2006, Vol. 72 Issue 35, p9
Trade Publication
The article reports on the efforts of Michael Shannon as he left the Vail Associates Inc. as president and spearheaded the development of Beaver Creek ski resort that led to launch a rollup of golf resorts for Kohlberg Kravis Roberts (KKR). Shannon is venturing his own debut private equity fund of $1 billion for KSL Capital Partners LLC that turned out to be a bona fide home run for KKR that will target investments in the hospitality, recreation and real estate sector.


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