AdvisorCensus by AdvisorSEO Max

AdvisorCensus / Financial advisors / Colorado / Denver / KSL Capital Partners

KSL Capital Partners

Denver, COSEC-registered investment adviserCRD 155677

Filed as KSL CAPITAL PARTNERS · Legal name KSL Advisors, LLC

KSL Capital Partners is an SEC-registered investment advisory firm in Denver, CO, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 23, 2026.

14 years
registered since 2012
$25,611,898,133
assets under management
3 arrangements
Percentage of assets, Performance-based and more
None
disclosure items (Item 11)

Quick answers

From the filing

How is KSL Capital Partners compensated?

On its Form ADV (Item 5.E, October 2026), KSL Capital Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.

What does KSL Capital Partners' brochure say about its fees?

Its Form ADV Part 2A brochure dated May 11, 2026 states: Asset-based fee: 0.25% to 1.75% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

Where is KSL Capital Partners located?

KSL Capital Partners' principal office is in Denver, CO, according to its Form ADV; the July 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

Is KSL Capital Partners registered with the SEC or a state?

KSL Capital Partners is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 155677.

How much does KSL Capital Partners manage?

KSL Capital Partners reports $25,611,898,133 in regulatory assets under management in its Form ADV filing dated June 23, 2026 (83% discretionary).

How have KSL Capital Partners' assets and staff changed since 2021?

In the Form ADV data for KSL Capital Partners: Regulatory assets under management: $12,555,967,582 in the October 2021 data and $25,611,898,133 in the October 2026 data, up 104%. Total employees: 68 in October 2021 and 135 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does KSL Capital Partners serve?

By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (60).

Does KSL Capital Partners report any disciplinary disclosures?

Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/155677

What changed in KSL Capital Partners' recent Form ADV filings?

In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Performance-based fees
  • Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

Asset-based fee: 0.25% to 1.75% a year (a range, as the brochure states it)

The brochure's wording
Currently the management fee payable by a Fund or Co-Investment Vehicle (as defined below) is between 0.25% and 1.75% per annum.

As stated in the firm's Form ADV Part 2A brochure dated May 11, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site

Regulatory assets under management

Item 5.F
$25,611,898,133

$25,611,898,133 as of October 2026, filing dated June 23, 2026.

Discretionary: $21,231,261,988.Non-discretionary: $4,380,636,145.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Individuals (other than high net worth individuals)
Clients 0 Assets Not reported
High net worth individuals
Clients 0 Assets Not reported
Banking or thrift institutions
Clients 0 Assets Not reported
Investment companies
Clients 0 Assets Not reported
Business development companies
Clients 0 Assets Not reported
Pooled investment vehicles (other than investment companies and business development companies)
Clients 60 Assets $25,611,898,133 (100%)
Pension and profit sharing plans (but not the plan participants or government pension plans)
Clients 0 Assets Not reported
Charitable organizations
Clients 0 Assets Not reported
State or municipal government entities (including government pension plans)
Clients 0 Assets Not reported
Other investment advisers
Clients 0 Assets Not reported
Insurance companies
Clients 0 Assets Not reported
Sovereign wealth funds and foreign official institutions
Clients 0 Assets Not reported
Corporations or other businesses not listed above
Clients 0 Assets Not reported
Other
Clients 0 Assets Not reported

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Portfolio management for pooled investment vehicles (other than investment companies)
  • Portfolio management for businesses (other than small businesses) or institutional clients
  • Other

Registration and firm details

Items 1, 2, 5
Legal name
KSL Advisors, LLC
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2012 (14 years)
Employees
Total: 135. Performing investment advisory functions: 71.
Wrap fee program participation
No.
Other offices (Schedule D, Section 1.F)
3 other offices, as of the July 2026 filing
LondonNew York, NYStamford, CT
States registered or notice-filed
3 states or jurisdictions
COCTNY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$12.6B 2021 $18B 2022 $21B 2023 $23.3B 2024 $25.3B 2025 $25.6B 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$25,611,898,133135June 23, 2026
October 2025$25,260,202,363123July 30, 2025
October 2024$23,349,884,257114March 30, 2024
October 2023$20,964,360,558114June 21, 2023
October 2022$17,987,833,412103April 22, 2022
October 2021$12,555,967,58268March 31, 2021

Regulatory assets under management: $12,555,967,582 in the October 2021 data and $25,611,898,133 in the October 2026 data, up 104%.

Total employees: 68 in October 2021 and 135 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. June 2026
    • Updated its list of owners and control persons (Schedule A).
  2. April 2026
    • Employees performing advisory functions went from 69 to 71.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
kslcapital.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. KSL Capital Partners (CRD 155677): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/ksl-capital-partners-denver-co-155677