Emigrant Invests in Koda


May 16, 2022

On May 11, 2022, Koda Capital announced a strategic minority investment from Seward & Kissel client Emigrant Partners, LLC.

Under the terms of the transaction, Emigrant Partners, LLC (“Emigrant”) acquired a minority interest in Koda Capital (“Koda”). Koda’s partners will retain an 80% ownership stake of the firm. Further terms were not disclosed.

Emigrant, based in New York, is a capital advisory services partner specializing in non-voting, minority investments in wealth and asset managers. Emigrant is currently partnered with 18 firms with approximately $90 billion in aggregate assets under advisement.

Koda, based in Sydney, Australia, is an independent wealth manager with AUD $10 billion in client assets under management.

To read the press release: please click here.

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