Kudu Acquires Minority Interest in Douglass Winthrop

INVESTMENT MANAGEMENT DEALS BLOG

September 20, 2021

On September 15, 2021, Seward & Kissel client Kudu Investment Management, LLC announced that it had acquired a minority interest in Douglass Winthrop Advisors, LLC.

Under the terms of the agreement, Kudu Investment Management, LLC (“Kudu”) received a minority stake in Douglass Winthrop Advisors, LLC (“DWA”). Terms of the deal were not disclosed. A Seward & Kissel team led by partners Jim Abbott, Jonathan Brose and Anne Patin and associate Maria Rivera-Diaz represented Kudu in connection with the transaction.

DWA, based in New York, is a registered investment advisor serving individuals, families, trusts, endowments and institutions. It manages approximately $4.8 billion in client assets.

Kudu, based in New York, is a registered investment advisor that specializes in minority equity investments in asset management firms, wealth management firms, and pooled investment vehicles in the United States, United Kingdom, and Canada. Kudu’s partners include B|O|S, TIG Advisors, Versus Capital and Fair Oaks Capital.

To read the press release: please click here.