News

NEW YORK, Sept. 15, 2021 /PRNewswire/ — Douglass Winthrop Advisors, LLC (DWA), an SEC-registered investment advisor managing more than $4.8 billion in assets, is partnering with Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers worldwide. Under terms of an agreement reached on Sept. 13, Kudu has acquired a minority stake in DWA. Financial terms were not disclosed. Founded in 2000, DWA has 32 employees and offices in New York, Boston, Washington, D.C., and West Palm Beach. …

TORONTO and NEW YORK, Sept. 9, 2021 – Third Eye Capital (Third Eye), a leading Canadian private credit firm, is partnering with Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers worldwide. Kudu is acquiring a minority stake in Third Eye and its affiliates. Terms were not disclosed. Through a unique combination of flexible capital and strategic and operational insights, Third Eye empowers growing companies that are …

NEW YORK, March 31, 2021 /PRNewswire/ — Kudu Investment Management, LLC, (Kudu) a provider of permanent capital solutions to asset and wealth managers globally, today announced the closing of a $300 million credit facility with Massachusetts Mutual Life Insurance Company (MassMutual), a leading U.S. mutual life insurance company, to finance Kudu’s growth initiatives. New York-based Kudu, backed by capital partner White Mountains Insurance Group, Ltd. (NYSE: WTM), has deployed nearly $400 million since 2018, acquiring minority stakes in 13 asset and wealth …

  FOR IMMEDIATE RELEASE   Ranger Investment Management Consolidates Ownership Interest With Capital From Kudu Investment Management   DALLAS, Nov. 18, 2020 – Ranger Investment Management, L.P. (Ranger Investments), a boutique manager specializing in small- and micro-cap U.S. growth strategies, today announced its management is acquiring a controlling interest in the firm previously held by Ranger Capital Group. Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers …

NEW YORK and SYDNEY, Nov. 9, 2020 – Channel Capital Pty Ltd. (Channel), a leading Australian multi-affiliate investment management company servicing more than A$16 billion in assets, will undertake a management buyout from minority equity partner Highbury Partnership (Highbury), subject to customary approvals. New York-based Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers, is providing financing for the buyout and additional capital for the firm. Upon completion of …

NEW YORK and AKRON, OHIO, July 7, 2020 – Sequoia Financial Group, LLC (Sequoia), a registered investment advisor with $4.7 billion in client assets, and Kudu Investment Management, LLC (Kudu), an independent provider of long-term capital solutions to asset and wealth managers worldwide, have announced that Kudu has made a strategic investment in Sequoia. Financial terms were not disclosed. Sequoia provides financial planning, asset management, family wealth and retirement planning services. The firm is majority-owned …

NEW YORK and CHICAGO, March 31, 2020 – Kudu Investment Management, LLC, a New York-based provider of long-term capital solutions to asset and wealth managers worldwide, today announced it has made a strategic investment in Creation Investments Capital Management, LLC, a private equity firm specializing in impact investments. Financial terms of the transaction, which closed on March 30, were not disclosed. Chicago-based Creation is a leader in the use of private capital to support micro …

AUSTIN, TEXAS, Dec. 16, 2019 — Pennybacker Capital Management, LLC (“Pennybacker”), a real estate private equity firm, has announced that Pacific Current Group Limited (ASX:PAC, “PAC”), and Kudu Investment Management, LLC (“Kudu”) have on an equal basis purchased a minority stake in Pennybacker. Pennybacker did not disclose terms.   PAC is a multi-boutique asset management firm with offices in the Pacific Northwest and Australia. PAC invests permanent capital in boutique asset management firms that seek …

Neal Wilson Named Co-Chief Executive Officer NEW YORK and ARLINGTON, Va., September 4, 2019 – EJF Capital LLC (“EJF”), a global alternative asset management firm focused on regulatory event driven themes across the financial and real estate sectors, today announced that Kudu Investment Management, LLC (“Kudu”), a New York-based independent provider of permanent capital solutions to asset and wealth managers worldwide, has made a strategic minority investment in EJF. Terms of the transaction were not …

NEW YORK, July 29, 2019 — Kudu Investment Management, LLC, a provider of permanent capital solutions to asset and wealth managers worldwide, has acquired a passive minority interest in Jericho, N.Y.-based First Long Island Investors, LLC which oversees approximately $1.6 billion in assets for high net worth individuals and families. Terms were not disclosed. First Long Island was co-founded in 1983 by Robert D. Rosenthal and Ralph F. Palleschi, prominent local entrepreneurs who earlier in …

Upstart Kudu Investment Management acquires piece of a second advisory firm InvestmentNews By Jeff Benjamin | July 29, 2019 – 1:58 pm EST Kudu Investment Management acquired a minority stake in First Long Island Investors in a deal that highlights a new twist on private-equity capital finding its way into the advisory space. The stake in the $1.6 billion RIA marks Kudu’s seventh minority investment and its second investment in a registered investment adviser. Unlike …

NEW YORK, June 12, 2019 — Kudu Investment Management, LLC, a provider of permanent capital solutions to asset and wealth managers worldwide, today announced that Quinn Keeler has joined the firm as head of client experience, a new position. Keeler is responsible for supporting New York-based Kudu and its partner firms with market research and data analytics. Keeler brings more than 25 years of market research experience in the investment management industry to her new …

The555 asset management and financial advisory industries rely on employee skills to meet the needs of both individual and institutional clients. Team learning and talent development is, therefore, a critical task if firms hope to succeed in raising and retaining assets and meeting profitability targets. In this Q&A, Kudu Investment Management’s Lee Beck, Tracey Wik from GrowthPlay, and J.P. Morgan’s Anne Devlin and discuss the key challenges and opportunities posed by learning and talent development …

NEW YORK, March 4, 2019 /PRNewswire/ — Kudu Investment Management, LLC, a provider of capital solutions to the asset and wealth management industries, today announced it has made a minority investment in leading real assets investment manager Versus Capital Advisors, LLC, and affiliated entities (“Versus Capital”). Terms of the agreement were not disclosed. Greenwood Village, Colorado-based Versus Capital manages approximately $4 billion for investors in two primary strategies: the Versus Capital Multi-Manager Real Estate Income …

The asset management industry, like so many of its counterparts, is going through severe disruption. Key to this change is distribution, and particularly the evolution from a sales-led to a marketing-led philosophy. Three catalysts are behind this shift; technology, client demands, and value pricing, with technology playing an outsized role. The biggest disruptor to our industry in the past 30 years has been technology, or more specifically Google, which has changed everything by providing transparency …

NEW YORK, Feb. 14, 2019 /PRNewswire/ — Kudu Investment Management, LLC, a leading provider of capital solutions to asset and wealth management firms, today announced that White Mountains Insurance Group, Ltd. (NYSE: WTM), a Bermuda-domiciled financial services holding company, has agreed to raise its commitment to Kudu to $250 million. White Mountains has agreed to acquire the interests previously held by funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and to assume Oaktree’s uncalled capital …

New York and London, December 20, 2018 – Kudu Investment Management, LLC (“Kudu”), a provider of capital solutions to the asset management and wealth management industries, today announced that it has agreed to take a passive minority stake in leading London-based alternative credit manager Fair Oaks Capital Ltd., and various affiliates (“Fair Oaks”). The award-winning Fair Oaks, which manages approximately $2.4 billion, specializes in collateralized loan obligations (CLOs), investing in both US and European CLOs …

NEW YORK–(BUSINESS WIRE)–TIG Advisors, LLC (“TIG”), a leading $3 billion alternative asset management company founded in 1980, which provides capital, comprehensive infrastructure support and management to investment teams, today announced that it has acquired a minority interest in Romspen Investment Corporation (“Romspen” or the “firm”), a premier alternative credit manager focused on North American real estate. The firm is the manager of funds with assets under management of CAD $2.5 billion, which provide first mortgage …

SAN FRANCISCO, Oct. 17, 2018 /PRNewswire/ — Bingham, Osborn & Scarborough, LLC (B|O|S), a leading Bay Area wealth advisory firm, announced today that it is buying back a majority ownership stake in the company from Boston Private Financial Holdings, Inc., a wealth management, trust and private banking company. After the transaction closes, B|O|S Principals and Founders will own approximately 68 percent of the company compared to their current ownership of approximately 38 percent. Kudu Investment …

NEW YORK (August 16, 2018) – Savanna, a New York City-based, vertically integrated real estate investment manager, owner/operator and developer, announced today that it has sold a passive, minority equity stake to TK Partners, a consortium of institutional investors led by Tunbridge Investment Partners. Tunbridge, an affiliate of real estate advisory firm Hodes Weill & Associates, focuses on making strategic, minority equity investments in real estate fund managers. TK Partners is capitalized, in part, with …

NEW YORK – Kudu Investment Management, LLC (“Kudu”), a leading capital provider to asset management and wealth management firms, announced today that it has closed a $250 million investment from funds managed by Oaktree Capital Management, L.P. (“Oaktree”), the global alternative investment management firm, and from White Mountains Insurance Group, Ltd. (NYSE: WTM) (“White Mountains”), the Bermuda-domiciled financial services holding company. Based in New York City, Kudu specializes in providing capital solutions to asset managers …