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        <entityName>KSL Capital Partners Credit Opportunities Fund V, L.P.</entityName>
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            <city>DENVER</city>
            <stateOrCountry>CO</stateOrCountry>
            <stateOrCountryDescription>COLORADO</stateOrCountryDescription>
            <zipCode>80206</zipCode>
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        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
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            <value>2025</value>
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                <lastName>KSL Capital Partners CO Fund V GP, L.P.</lastName>
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                <stateOrCountryDescription>COLORADO</stateOrCountryDescription>
                <zipCode>80206</zipCode>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>N/A</firstName>
                <lastName>KSL Ultimate GP, LLC</lastName>
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                <zipCode>80206</zipCode>
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    <offeringData>
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            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
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                <is40Act>false</is40Act>
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        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
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        <federalExemptionsExclusions>
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            <item>3C</item>
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        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0002129387-26-000001</previousAccessionNumber>
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            <dateOfFirstSale>
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        <durationOfOffering>
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        <typesOfSecuritiesOffered>
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        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Gencap Global Advisors DMCC</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>DMCC Business Centre Unit No: 30-01</street1>
                    <street2>Level 1, P.O. Box 340505</street2>
                    <city>Dubai</city>
                    <stateOrCountry>C0</stateOrCountry>
                    <stateOrCountryDescription>UNITED ARAB EMIRATES</stateOrCountryDescription>
                    <zipCode>-</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
                <foreignSolicitation>true</foreignSolicitation>
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            <recipient>
                <recipientName>Hana Securities CO., LTD.</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>82, Uisadang-daero, Yeongdeungpo-gu</street1>
                    <city>Seoul</city>
                    <stateOrCountry>M5</stateOrCountry>
                    <stateOrCountryDescription>KOREA, REPUBLIC OF</stateOrCountryDescription>
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        </salesCompensationList>
        <offeringSalesAmounts>
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            <totalAmountSold>0</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>0</totalNumberAlreadyInvested>
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        <salesCommissionsFindersFees>
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                <dollarAmount>0</dollarAmount>
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        <useOfProceeds>
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        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>KSL Capital Partners Credit Opportunities Fund V, L.P.</issuerName>
                <signatureName>/s/ Nolen Taylor</signatureName>
                <nameOfSigner>Nolen Taylor</nameOfSigner>
                <signatureTitle>Chief Financial Officer of the General Partner of the GP</signatureTitle>
                <signatureDate>2026-06-03</signatureDate>
            </signature>
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</edgarSubmission>
