KSL Capital Partners, LLC ("KSL"), a leading alternative investment firm, today announced that an affiliate has taken a majority interest in the Soneva Group ("Soneva"), a pioneer in sustainable luxury hospitality since 1995 with award-winning resorts in the Maldives, following the exercise of its right to convert certain securities.

The transaction builds on the firm's initial minority investment in November 2019 and underscores KSL's continued conviction in Soneva's long-term strategy and differentiated approach to ultra-luxury experiential travel.

To help lead the next phase for Soneva, Neil Gallagher has been appointed Chief Executive Officer of Soneva. A seasoned international hospitality leader, Mr. Gallagher brings more than two decades of experience across Europe, the Middle East, the U.S. and the Caribbean. He previously served as CEO and CFO of Clermont Hotel Group (formerly glh Hotels Management) and held leadership roles at IHG Hotels & Resorts, including CFO, Europe. Earlier in his career, Mr. Gallagher held leadership positions at Marriott Vacation Club International.

Founded in 1995, Soneva is a pioneering, award-winning luxury resorts operator. At Soneva Fushi, Soneva Jani, Soneva Secret and the Soneva in Aqua yacht in the Maldives, true 'luxury' is defined by peace, time and space. Guests discover the SLOW LIFE, reconnecting with themselves and the natural world through rare, unforgettable experiences. Soneva is a pioneer for responsible tourism, combining sustainability with exquisite hospitality and intuitive, personalized service.