On May 26, 2022, Seward & Kissel client Kudu Investment Management, LLC announced an equity investment from Massachusetts Mutual Life Insurance Company.
Under the terms of the transaction, Massachusetts Mutual Life Insurance Company (‘MassMutual”) made an equity investment in Kudu Investment Management, LLC (“Kudu”). Terms of the deal were not disclosed.
Kudu, based in New York, is a registered investment adviser serving asset and wealth managers. As of March 31, 2022, Kudu had approximately $65 billion in assets under management. Seward & Kissel counsel Danielle Lemberg and associates Maria Rivera-Diaz and Brett Cotler represented Kudu in connection with the transaction.
MassMutual, based in Springfield, Massachusetts, is a mutual life insurance company.
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