TITLE

KKR Prodigy Launches Debut Leisure Fund

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
September 2006
SOURCE
Investment Dealers' Digest;9/18/2006, Vol. 72 Issue 35, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
22433799

 

Related Articles

  • PE Changing in Big Way. Holman, Kelly // High Yield Report;7/20/2009, Vol. 20 Issue 29, p1 

    The article reports on the efforts of private equity (PE) firms to look beyond traditional leveraged buyouts for new investment opportunities as debt is still hard to acquire in 2009. In an effort to put some 535 billion U.S. dollars in uninvested capital to work, these financial sponsors are...

  • Alternative Investments: KKR among private equity firms piling into Japan.  // Asian Investor;Jul2013, p1 

    The article discusses the plans of Kohlberg Kravis Roberts & Co. to invest in Japan which will help in growth of its private equity markets. Joseph Bae, managing partner at Kohlberg Kravis Roberts & Co., mentions that investment in Japan is a result of adoption of new policies related to private...

  • Equity giant opens door for Gulf funds.  // MEED: Middle East Economic Digest;9/26/2008, Vol. 52 Issue 39, p16 

    The article reports on the plan of Kohlberg Kravis Roberts & Co. (KKR), world's largest private equity firm, to open in the Middle East and to develop co-investments with the region's sovereign wealth funds. According to Makram Azar, managing director for the Middle East and North Africa ar KKR,...

  • Dealmakers Stop Leveraging. Start Managing. Demos, Telis // Fortune International (Asia);5/25/2009, Vol. 159 Issue 10, p8 

    The article focuses on the shift in practice from leverage sourcing to management among private equity firms. It notes that such companies are engaging in management as the recession has led to the slow growth at their portfolio companies. The Blackstone Group and KKR private equity firms are...

  • PRIVATE LIVES. Colvin, Geoffrey; Charan, Ram // Fortune International (Europe);11/27/2006, Vol. 154 Issue 10, p80 

    This article describes the booming private equity business. With money from investors pouring in, suddenly no company is out of reach for certain firms. For instance, Kohlberg Kravis Roberts proposed buying Vivendi for $50 billion, and some speculate that giants like Dell and Home Depot could...

  • KKR to Establish Office in India.  // EmergingMarketsNOW;2/18/2008, p3 

    The article reports that financial giant Kohlberg Kravis Roberts (KKR) will establish an office in India. The move has been taken by the company to leverage India's potential to attract huge private equity funding worth $25 billion in 2008. KKR had completed about 150 deals worldwide through its...

  • Vendors Debate Effects of Possible Macy's Buyout.  // WWD: Women's Wear Daily;7/23/2007, Vol. 194 Issue 15, p5 

    This article explains that vendors are watching anxiously as private equity firm Kohlberg Kravis & Roberts (KKR) seeks to buy Macy's Inc. for $24 billion and take it private. Although turmoil in the debt financing markets may pose a major obstacle to KKR and help scuttle the offer, vendors are...

  • Look Who's Back.  // New York;4/16/2012, Vol. 45 Issue 12, p18 

    The article features John Mack, the former chief executive officer (CEO) of Morgan Stanley. Mack has accepted a position as an adviser to the China Investment Corp., a 400-billion-U.S. dollar Chinese sovereign-wealth fund. He also joined the board of Rev Worldwide and took the position as a...

  • INVESTMENT BANKING DATABASE: PRIVATE EQUITY.  // Investment Dealers' Digest;3/29/2004, Vol. 70 Issue 13, p14 

    This article presents developments related to private equity in the U.S. Cashing in on last year's surge in the equity markets, buyout company Kohlberg Kravis Roberts &. Co more than tipled its payout to investors last year, returning some $3.2 billion to its bockers, up from only $900...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics