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KSL Acquires Majority Stake in Soneva

Travelution MediaTravelution Media

May 25, 2025 - 11:35 AM

less than a minute read

KSL Capital Partners, LLC (“KSL”), a leading alternative investment firm focused on travel and leisure enterprises, has announced that it has acquired a majority stake in the Soneva Group, the award-winning pioneer of sustainable luxury hospitality. The transaction follows the exercise of KSL’s right to convert certain securities and builds on the firm’s initial minority investment made in November 2019.

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This strategic move reinforces KSL’s long-term commitment to Soneva and its differentiated model of ultra-luxury, experiential travel. Known for its unique blend of sustainability, intuitive service, and barefoot luxury, Soneva operates some of the most celebrated resorts in the Maldives, including Soneva Fushi, Soneva Jani, Soneva Secret, and the Soneva in Aqua yacht experience.

As part of this new chapter, Neil Gallagher has been appointed Chief Executive Officer of Soneva. A seasoned hospitality executive with over two decades of global leadership experience, Mr. Gallagher previously served as CEO and CFO of Clermont Hotel Group (formerly glh Hotels Management). He has also held senior roles at IHG Hotels & Resorts, including CFO, Europe, and at Marriott Vacation Club International. His appointment marks a pivotal step in accelerating Soneva’s growth while preserving its core values of sustainability, innovation, and exceptional guest experiences.

About Soneva

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Founded in 1995, Soneva is a pioneer in luxury hospitality with a strong commitment to environmental and social responsibility. Its properties are renowned for offering transformative experiences rooted in the philosophy of SLOW LIFE (Sustainable, Local, Organic, Wellness, Learning, Inspiring, Fun, and Experiences). Soneva’s holistic approach has earned global acclaim and a loyal following of guests who seek meaningful, nature-integrated travel.

About KSL Capital Partners
KSL Capital Partners, LLC is a private equity firm specializing in travel and leisure enterprises across hospitality, recreation, clubs, real estate, and travel services. With offices in Denver, Stamford, New York, and London, KSL manages investments through equity, credit, and tactical opportunities funds. Over the past three decades, the firm has built a diverse portfolio of world-class luxury brands and experiential destinations.

For more information, please visit: www.kslcapital.com

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