Hudson Structured Capital Management’s Acquisition of Northern Shipping Fund Management

Seward & Kissel represented Hudson Structured Capital Management Ltd. in the transaction. Watson Farley & Williams advised Northern Shipping Funds.

Hudson Structured Capital Management Ltd. (“HSCM”), a manager of reinsurance, insurtech and transport assets, expanded its transportation alternative investment platform by acquiring the key business assets of Northern Shipping Fund Management LLC (“NSF”), a leading alternative capital provider to the shipping industry. 

Launched in 2016, HSCM is an asset manager focused on investments in the Re/Insurance and Transportation sectors and currently has approximately $4.0 billion in capital commitments and assets under management.

NSF is a leading alternative capital provider to the shipping and offshore oil service industries. Employing an asset-based approach, NSF represents a stable source of capital, providing structuring flexibility and superior execution to support its customers’ financing needs.

The Seward & Kissel team included Michael S. Timpone (Picture), James E. Abbott, Meir R. Grossman, Gerhard Anderson, Dora Pulido, Craig A. Sklar, Nick Katsanos and Danielle Lemberg.

The WFW New York Corporate team was led by Partner Steven Hollander with support from Counsel Todd Johnson and Associate Jamie Davidian.


Involved fees earner: James Abbott – Seward & Kissel; Gerhard Anderson – Seward & Kissel; Meir Grossman – Seward & Kissel; Danielle Lemberg – Seward & Kissel; Nick Katsanos – Seward & Kissel; Dora Pulido – Seward & Kissel; Michael Timpone – Seward & Kissel; Jamie Davidian – Watson Farley & Williams; Steven Hollander – Watson Farley & Williams; Todd Johnson – Watson Farley & Williams;

Law Firms: Seward & Kissel; Watson Farley & Williams;

Clients: Hudson Structured Capital Management; Northern Shipping Funds;