The Rising Tide of Private Equity: The Potential Massive Sell-Off of Marina Assets

Centerbridge Partners and KSL Capital, two heavyweight private equity firms, are allegedly exploring the possible sale of their marina holdings. According to reports, Centerbridge Partners is considering the sale of its minority stake in Suntex Marinas. This move could value the business in the ballpark of $4 billion, significantly more than $1.25 billion joint venture infusion it received just a year prior.