News

NORTH PALM BEACH, Fla. & NEW YORK --Southern Marinas (or the “Company”), a premier owner and operator of marinas in the United States, today announced a successful recapitalization, effectuated as a sale by affiliates of KSL Capital Partners, LLC (“KSL”) to Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets.

Founded in 2018, Southern Marinas owns and operates a diversified portfolio of 16 marinas strategically located across eight U.S. states, including Florida, Idaho, Missouri, New Jersey, New York, North Carolina, Tennessee, and Washington. The Company’s core storage business is comprised of more than 6,700 slips and is complemented by a range of ancillary operations, including fuel, boat rentals, and service. Southern Marinas announced the most recent addition to its portfolio today, with the acquisition of F3 Marina, a 59,000-square-footfacility in Fort Lauderdale, Florida. Led by a seasoned management team with more than 75 years of combined experience in marina acquisition and management, Southern Marinas has established a strong reputation as a reliable provider of marina infrastructure for its customers.

“With the close of this transaction, we are entering into an exciting new chapter as we look to further strengthen the business and propel our growth,” said Mitchell Jones, Co-Founder & Chairman of Southern Marinas. “Stonepeak brings deep infrastructure expertise, experience building scaled businesses, and a clear strategic perspective, and we are confident they will make an excellent partner as we continue to deliver for our customers.”

“This transaction reflects our strong conviction in the resilience and long-term fundamentals of the U.S. marina sector,” said James Wyper, Senior Managing Director, Head of U.S. Private Equity, and Head of Transportation & Logistics at Stonepeak. “The Southern Marinas team has built a best-in-class platform with a strong operating track record, and we look forward to partnering with the team to support the next phase of growth,” added Daniel Raubolt, Principal at Stonepeak.

“Over the course of our partnership with Southern Marinas, we helped the Company expand its footprint to 15 marinas and built a scaled, institutional-qualityplatform centered on well-located marinas offering high-quality boating experiences,” said Kirk Adamson, Partner at KSL. “We are proud of what has been built alongside the Southern Marinas team and are confident in the continued growth of the U.S. marina sector.”

Additional terms of the transaction were not disclosed, and the transaction has already closed. PJT Partners served as financial advisor and Simpson Thacher & Bartlett LLP served as legal counsel to Stonepeak. Lazard Frères & Co. served as financial advisor and Hogan Lovells served as legal counsel to Southern Marinas and KSL.

About Southern Marinas

Southern Marinas is a premier owner/operator of marinas strategically located across the United States. The Company's seasoned leadership team has more than 75 years of combined experience and specializes in marina acquisition and management. The Company's philosophy is to extend a warm welcome and gracious Southern Hospitality across all touchpoints of the customer experience. Its success is aresult of the Company's ability to deliver what it promises, exceed expectations, and surprise its members and customers with extra care and support. For more information, please visit www.southernmarinas.com.

About Stonepeak

Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $88 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors,which include digital infrastructure, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore,Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.

About KSL

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 City, New York; and London, England. KSL invests across three primary strategies through its equity, credit and tactical opportunities funds. For more information, please visit www.kslcapital.com.

Sale of Real Estate Achieves a Fully Asset-Light Transaction of Playa

CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (the “Company”) (NYSE: H) today announced the closing of the sale of the real estate portfolio previously acquired from Playa Hotels & Resorts N.V. (“Playa”) to Tortuga Resorts (“Tortuga”), a premier real estate and asset management platform focused on luxury beachfront hospitality across Mexico and the Caribbean, for approximately $2 billion. Hyatt can achieve up to an additional $143 million earnout if certain operating thresholds are met and has retained $200 million of preferred equity in Tortuga in connection with the transaction.

The real estate portfolio originally involved 15 all-inclusive properties located across Mexico, the Dominican Republic and Jamaica. As previously disclosed, Hyatt sold one of these properties to a separate third-party buyer on September 18, 2025, for $22 million. Between the completion of this earlier sale and the Tortuga transaction, Hyatt has sold the entire Playa real estate portfolio for a total of $2 billion. Concurrent with the real estate sale, Hyatt and Tortuga have entered into 50-year management agreements for 13 of the 14 properties in the portfolio, with terms consistent with Hyatt’s existing all-inclusive management agreements. The remaining property is subject to a separate contractual arrangement.

“This closing is the culmination of a transformative transaction for Hyatt’s Inclusive Collection,” said Javier Águila, President, Inclusive Collection, Hyatt. “With this transaction, we’ve secured long-term management agreements for a portfolio of exceptional resorts that reflect our commitment to excellence. We are deeply grateful to the teams who made this transaction possible. Throughout this process, we’ve seen strong cultural alignment grounded in care between Playa and Hyatt which has been key to achieving this milestone and will help us deliver even more memorable all-inclusive experiences for guests.”

“The completion of this transaction marks a defining moment, establishing Tortuga as a scaled, leading platform in luxury beachfront hospitality across Mexico and the Caribbean,” said Leo Schlesinger, CEO of Tortuga. “We are excited to deepen our partnership with Hyatt and to work closely with our brand partners, property teams and investors to unlock new opportunities for growth. Together, we will leverage our reach and capabilities to create unforgettable experiences for the guests and communities we serve and deliver long-term value for all stakeholders.”

The sale to Tortuga demonstrates Hyatt’s commitment to its asset-light business model and to delivering value to shareholders. Proceeds from the real estate sale will be used to repay the delayed draw term loan that funded a portion of the Playa acquisition, and Hyatt expects pro forma net leverage to remain consistent with thresholds necessary to maintain its investment-grade credit profile.

In connection with the transaction, BDT & MSD Partners served as Hyatt’s lead financial advisor, with Berkadia serving as real estate advisor and Latham & Watkins LLP as legal counsel. Goldman Sachs & Co. LLC served as exclusive financial advisor to Tortuga, with Simpson Thacher & Bartlett LLP as legal counsel.

As a result of damage from Hurricane Melissa in October 2025, seven Hyatt properties in Jamaica are expected to remain closed until the fourth quarter of 2026. All guests and colleagues were safely evacuated, and no loss of life occurred; however, many colleagues experienced extensive property damage. Financial assistance has been provided to colleagues in Jamaica through the Hyatt Care Fund, donations from Hyatt colleagues, and direct financial support from Hyatt. Refer to the Company’s Form 8-K filed today for an update on estimated 2025 financial impacts due to damage related to Hurricane Melissa.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of September 30, 2025, the Company's portfolio included more than 1,450 hotels and all-inclusive properties in 82 countries across six continents. The Company's offering includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse® Hotels, and Me and All Hotels; the Inclusive Collection, including Zoëtry® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid® Hotels & Resorts, Sunscape® Resorts & Spas, Alua Hotels & Resorts®, and Bahia Principe Hotels & Resorts; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Unscripted by Hyatt, Hyatt Place®, Hyatt House®, Hyatt Studios®, Hyatt Select, and UrCove. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar® DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

About Tortuga Resorts

Tortuga Resorts is a hospitality platform focused on developing and operating premium beachfront destinations across the Caribbean and Latin America. Rooted in a commitment to authentic, culturally inspired experiences, Tortuga creates resorts that reflect the character, natural beauty and traditions of each location. Formed by KSL Capital Partners, LLC, and Rodina, the platform prioritizes exceptional service, responsible growth and long-term destination stewardship through strong local partnerships and sustainable development. Learn more: Tortuga-Resorts.com.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about the Company's plans, strategies, outlook, net leverage and credit ratings expectations, prospective or future events and involve known and unknown risks that are difficult to predict. As a result, the Company's actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by the Company and the Company's management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geopolitical conditions, including political or civil unrest or changes in trade policy; the impact of global tariff policies or regulations; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as hurricanes, earthquakes, tsunamis, tornadoes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; our ability to successfully achieve specified levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access the capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and our ability to successfully integrate completed acquisitions with existing operations or realize anticipated synergies; failure to successfully complete proposed transactions, including the failure to satisfy closing conditions or obtain required approvals; our ability to successfully complete dispositions of certain of our owned real estate assets within targeted timeframes and at expected values; our ability to maintain effective internal control over financial reporting and disclosure controls and procedures; declines in the value of our real estate assets; unforeseen terminations of our management and hotel services agreements or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate fluctuations or currency restructurings; risks associated with the introduction of new brand concepts, including lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and manage the Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our franchising business and licensing businesses and our international operations; and other risks discussed in the Company's filings with the SEC, including our annual reports on Form 10-K and quarterly reports on Form 10-Q, which filings are available from the SEC. All forward-looking statements attributable to the Company or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We do not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

HHC-FIN

Contacts

Hyatt Media Contact:
Franziska Weber
franziska.weber@hyatt.com

Hyatt Investor Contacts:
Adam Rohman
adam.rohman@hyatt.com

Ryan Nuckols
ryan.nuckols@hyatt.com

Tortuga Media Contact:
Joele Frank, Wilkinson Brimmer Katcher
Kate Thompson / Erik Carlson / Kate Kelley
Tortuga-JF@JoeleFrank.com / (212)355-4449

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DENVER, September 25, 2025/PRNewswire/ -- KSL Capital Partners, LLC ("KSL"), a leading alternative investment firm, today announced its affiliates have acquired The Westin Hilton Head Island Resort & Spa (“The Westin Hilton Head”) through its Tactical Opportunities Fund. Terms of the transaction were not disclosed.

Located on a vibrant stretch of South Carolina’s Atlantic coastline, The Westin Hilton Head is a market-leading oceanfront resort offering a restorative Lowcountry experience rooted in wellness and coastal charm. The resort features420 recently refreshed guest rooms and suites with beach-inspired décor, private balconies and sweeping ocean views. Guests enjoy direct beach access, three outdoor pools, rejuvenating treatments at the award-winning Heavenly Spa by Westin and farm-and-sea-to-table dining across several elevated restaurants. With nearly 40,000 square feet of flexible indoor and outdoor event space and curated offerings, the resort is a premier destination for gatherings of up to1,000 guests. Since 2012, The Westin Hilton Head has benefited from more than$47 million in capital enhancements, solidifying its positioning as the island’s premier luxury beachfront resort and a go-to destination for refined, wellness-focused experiences.

“Well-maintained and strategically located in one of the Southeast’s most sought-after leisure destinations, The Westin Hilton Head is exactly the kind of high-quality, experience-driven destination we look to support at KSL,” said Dan Rohan, Partner and Head of Tactical Opportunities at KSL. “It’s one of the grand dames of the region, and we’re focused on building on the resort’s legacy and finding new ways to further elevate this beloved coastal destination.”

KSL’s Tactical Opportunities platform provides strategic partnership capital to differentiated travel and leisure businesses outside the firm’s traditional equity and credit mandates. The platform is supported by a seasoned group of investors and operators and leverages KSL’s deep sector expertise, global network and integrated approach across its synergistic equity, credit and tactical opportunities strategies.

About The Westin Hilton Head Island Resort & Spa
Situated on a lively, 600-foot stretch of the Atlantic Ocean, The Westin Hilton Head Island Resort & Spa offers guests a stimulating and restorative experience in South Carolina’s Lowcountry. The resort combines modern coastal design with a strong commitment to wellness, from soothing décor in its guestrooms to farm-and sea-to-table dining across its restaurants. Guests can enjoy three outdoor pools, direct beachfront access, and a range of family-friendly and group amenities. With extensive meeting and event facilities, the property also serves as a premier destination for weddings, conferences, and special celebrations.

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 City, New York; and London, England. KSL invests across three primary strategies through its equity, credit and tactical opportunities funds. For more information, please visit www.kslcapital.com.

Media Contact:

Kate Thompson / Erik Carlson / Kate Kelley
Joele Frank, Wilkinson Brimmer Katcher
KSL-JF@joelefrank.com
(212) 355-4449

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Experienced Capital Formation Leader to Advance Investor Engagement and Support Continued Growth Across Europe and the Middle East

DENVER, September 24, 2025 – KSL Capital Partners, LLC (“KSL”), a leading alternative investment firm, announced today the appointment of Sara Roure as Head of EMEA Capital Formation. In this role, Ms. Roure will lead KSL’s capital formation strategy across Europe and the Middle East, supporting the continued expansion of KSL’s institutional investor base and building on the firm’s established presence and investment focus in the region.

Ms. Roure’s appointment reflects KSL’s commitment to delivering differentiated investment opportunities to institutional partners in Europe and the Middle East and further scaling its global platform.

With more than 20years of experience in private equity real estate, Ms. Roure brings a proven track record in capital formation at leading global investment firms. Most recently, she served as Managing Director, Co-Head of Real Estate Alternatives Capital Formation EMEA at Goldman Sachs Asset Management, where she led business development, capital raising and investor relations across Europe and the Middle East. Previously, she was a Principal within Blackstone’s Real Estate Institutional Client Solutions team in London, focusing on capital raising, investor relations and business development initiatives. Earlier in her career, she held senior roles at Brockton Capital and The Carlyle Group, based out of London, Paris and Madrid.

“KSL’s more than30-year commitment to travel and leisure investing has enabled us to build a differentiated platform in Europe,” said Eric Resnick, CEO and Co-Founder of KSL. “As demand for high-quality travel and leisure experiences continues to grow globally, we see tremendous opportunity in the European market. Sara’s deep understanding of the region’s investor landscape will be essential in thoughtfully scaling our capital formation efforts, driving product innovation and strengthening our global investment partnerships.”

John Ege, Partner and Head of Strategy & Capital Formation added: “Sara’s appointment underscores our commitment to deepening KSL’s presence and client relationships in Europe and the Middle East and the large and growing opportunity set in the region. Her extensive expertise will be instrumental as we continue to build on our track record in travel and leisure across Europe. With Sara leading our EMEA capital formation efforts, we are focused on supporting our investors, establishing new relationships and driving the continued growth of our platform.”

“I am delighted to join the global leader in travel and leisure at a pivotal moment in the capital raising environment, where investor interest is increasingly directed toward sector specialists with a distinct information advantage,” said Ms. Roure. “This role offers the opportunity to contribute alongside a team exclusively focused on travel and leisure globally, with a demonstrated track record of engaging investors with a genuine partnership approach.”

About KSL Capital Partners

KSL Capital Partners, LLC is a leading sector focused private equity firm specializing in travel & leisure investments across five primary sectors: hospitality, real estate, recreation, clubs and travel services. KSL has offices in Denver, Colorado; New York City, New York; Stamford, Connecticut; and London, United Kingdom. KSL invests across three primary strategies through its equity, credit and tactical opportunities funds. Since 2005, KSL has raised approximately US $25 billion of capital and completed over 185 investments in the travel and leisure industry.

KSL invests across both equity and credit strategies in Europe. KSL’s existing European equity investments include:

·       Il Sereno Hotel on Lake Como, repeatedly voted the Best Hotel in Europe;

·       Beaumier, a pan-European luxury boutique hotel business with hotels in France, Spain, and Switzerland;

·       The JW Marriott Venice Resort & Spa in Venice, Italy;

·       The Pig Hotel, a collection of nine Food & Beverage-focused boutique hotels in the UK countryside;

·       Cameron House, a luxury resort on the shores of Loch Lomond, Scotland;

·       Third Space, a London premium fitness club operator.

For more information, please visit www.kslcapital.com

Media Contact:

Kate Thompson / Erik Carlson / Kate Kelley
Joele Frank, Wilkinson Brimmer Katcher
KSL-JF@joelefrank.com
(212) 355-4449

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Largest Equity Investment Ever Committed to a Private Jet Travel Provider
Strategic Relationship with L Catterton, an affiliate of LVMH, Uniquely Bolsters Strength in the Luxury Market
Further Advances Irreplicable Infrastructure, Service Delivery, and Aircraft Owner Experiences

Cleveland, Ohio, July 21, 2025 (GLOBE NEWSWIRE) -- Flexjet, a global leader in private aviation, has closed an $800 million equity investment from a consortium of strategic investors led by leading global consumer-focused investment firm L Catterton, with participation from affiliates of KSL Capital Partners, LLC and the J. Safra Group. The investment, which marks the largest equity investment in the history of private aviation, will support Flexjet’s continuing vision to significantly transform the Private Jet Flight Experience.

With investments in its global workforce, infrastructure and fleet modernization, Flexjet has built the foundation for a travel experience that is responsive to the latest demands of its clients, which includes more demand for larger aircraft and international flights. Flexjet’s vision includes a more bespoke experience that begins with access through private terminals and ends with providing unique access to destinations, products and curated events that are not available outside of the Flexjet community.

Additionally, much of Flexjet’s success is built on its ability to control the key ingredients that lead to specialized service delivery. This includes private aviation’s largest in-house maintenance network, private terminals and its Cabin Attendant Academy. Flexjet currently has 11 private terminals either operating or in development, including London Farnborough expected to open early next year.

Enhancing and broadening the breadth and depth of what services it controls is a key focus of Flexjet’s vision, as well as creating exclusive access to luxury experiences and products, such as its partnerships with Ferretti Group’s Riva Yachts and Bentley Motors.

“L Catterton, with its special relationship with LVMH and its family of brands, provides the perfect opportunity for collaborating in areas such as consumer insights, brand strategies, retail expansion, and luxury product delivery,” commented Kenn Ricci, Flexjet’s Chairman.

This landmark investment creates a unique and differentiated strategic partnership between management and Flexjet’s existing shareholders, who will remain in control, and three leading global investors. L Catterton, KSL Capital Partners, and the J. Safra Group bring a long and successful record of investing in businesses that serve upscale consumers through experiential branding, luxury goods and unmatched travel and leisure experiences.

“Flexjet epitomizes our category-first approach and, although they are celebrating their 30^th anniversary this year, their history is one of never settling in pursuit of thoughtful innovation to best fulfill the desires of the consumers within their unique and exciting marketplace,” said Scott Dahnke, Global CEO of L Catterton, speaking on behalf of the consortium.

Jefferies, Morgan Stanley & Co. LLC, and Goldman Sachs acted as co-advisors to Flexjet.

About Flexjet

Flexjet, a global leader in private aviation, first entered the fractional jet ownership market in 1995 and is celebrating its 30th anniversary. Flexjet offers fractional jet ownership and leasing and is the first in the world to be recognized as achieving the Air Charter Safety Foundation’s Industry Audit Standard, is the first and only company to be honored with 26 FAA Diamond Awards for Excellence, upholds an ARG/US Platinum Safety Rating, a 4AIR Bronze Sustainable Rating and is certified at Stage 2 with IS-BAO. Flexjet Technical Services, a fully integrated maintenance and product support infrastructure, has operations in the U.S., Canada and Europe and its primary mission is to support the maintenance of the Flexjet fleet. Red Label by Flexjet, a market differentiator, features an ultra-modern fleet, flight crews assigned to a single aircraft and the LXi Cabin Collection of interiors. To date there are more than 50 different interior designs across its fleet, which includes the Embraer Phenom 300, Praetor 500 and 600, Bombardier Challenger 350/3500 and the Gulfstream G450 and G650. Flexjet’s European fleet includes the Embraer Praetor 600 and the Gulfstream G650. Flexjet’s helicopter division offers leases, helicopter cards and convenient interchange access for its aircraft Owners. Flexjet owns, operates and maintains its global fleet of Sikorsky S-76 helicopters which boast 55,000 hours of safe flying certified by Wyvern and ARG/US and serving locations throughout the northeastern United States, Florida, United Kingdom and Italy. Flexjet is a member of the Directional Aviation family of companies. For more details on innovative programs and flexible offerings, visit www.flexjet.com or follow us on Instagram @Flexjetllc.

About L Catterton

L Catterton is a market-leading consumer-focused investment firm, managing approximately $37 billion of equity capital across three multi-product platforms: private equity, credit, and real estate. The firm's funds have the ability to invest between $5 million and $5 billion, across the capital structure, in well-positioned consumer businesses. Leveraging deep category insight, operational excellence, and a broad network of strategic relationships, L Catterton's team of more than 200 investment and operating professionals across 17 offices partners with management teams to drive differentiated value creation across its portfolio. Originally founded in 1989, the firm has made over 300 investments in some of the world's most iconic consumer brands.    For more information about L Catterton, please visit lcatterton.com.

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 City, New York; and London, England. KSL invests across three primary strategies through its equity, credit and tactical opportunities funds.

KSL has spent more than three decades investing in luxury and experiential travel, building a leading global portfolio of hotels and resorts, destination experiences and travel and leisure brands. With deep sector expertise and an expansive international footprint, the firm brings significant scale and experience to the global travel and leisure sector, along with differentiated insight into the ultra-luxury hospitality market.

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

About J. Safra Group

The J. Safra Group (the “Group”), with total assets under management of USD 345 billion, consists of privately-owned banks under the Safra name and investment holdings in asset-based business sectors such as real estate and agribusiness. The Group’s banking interests in more than 200 locations globally, are: J. Safra Sarasin, headquartered in Basel, Switzerland; Banco Safra, headquartered in Sao Paulo, Brazil; and Safra National Bank of New York, headquartered in New York City, USA; all independent from one another from a consolidated supervision standpoint. The Group’s real estate holdings consist of more than 200 premier commercial, residential, retail and farmland properties worldwide, such as New York City’s 660 Madison Avenue office complex and London’s iconic Gherkin Building. Its investments in other sectors include, among others, agribusiness holdings in Brazil and Chiquita Brands International Inc. With deep relationships in markets worldwide, the Group is able to greatly enhance the value of businesses which are part of it. There are more than 35,000 employees associated with the J. Safra Group.

Media Contacts

Flexjet

Lauren Florian
Flexjet Chief Marketing Officer
440-478-7595 (mobile)
Lauren.Florian@flexjet.com

L Catterton

Julie Hamilton
Managing Director, Communications
media@lcatterton.com
+1 203 742 5185

KSL Capital Partners

Kate Thompson / Erik Carlson / Kate Kelley
Joele Frank, Wilkinson Brimmer Katcher
KSL-JF@joelefrank.com
(212) 355-4449

J. Safra Group

T:+41 (0)58 317 40 88 | e-mail: media@jsafrasarasin.com

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