Chinese PE firm Sailing Capital exits luxury resort chain Soneva

Chinese PE firm Sailing Capital exits luxury resort chain Soneva

Landaagiraavaru, Maldives. Photo by Zunnoon Ahmed on Unsplash

US-based private equity (PE) firm KSL Capital Partners has picked up a significant minority stake in Soneva, a luxury resort chain in the Maldives & Thailand, thereby paving the exit of Chinese investor Sailing Capital, according to media reports.