Kudu Investment Management’s Minority Investment in Radcliffe Capital Management

Seward & Kissel represented Kudu Investment Management on the deal, while Dechert advised Radcliffe Capital Management.

Radcliffe Capital Management, L.P. (Radcliffe), an SEC-registered investment adviser specializing in defensive credit and opportunistic strategies, and Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers worldwide, announced that Kudu has acquired a minority stake in Radcliffe and its affiliates.

Founded in 1996, Radcliffe is an SEC registered investment adviser that manages more than $3.5 billion across defensive credit and opportunistic strategies. Its clients include a cross section of institutions and high-net-worth individuals.  

Founded in 2015, New York-based Kudu provides long-term capital solutions—including generational ownership transfers, management buyouts, acquisition and growth finance, as well as liquidity for legacy partners—to asset and wealth managers globally.

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

The Dechert team included corporate partner Michael Darby and associate Juan Bautista Zambon; financial services partners Douglas Dick, Corey Rose and Michael Sherman; and tax partners Ari Zak and Elizabeth Guidi. 

Involved fees earner: Michael Darby – Dechert; Douglas Dick – Dechert; Elizabeth Guidi – Dechert; Corey Rose – Dechert; Michael Sherman – Dechert; Ari Zak – Dechert; Juan Bautista Zambon – Dechert; James Abbott – Seward & Kissel; Gerhard Anderson – Seward & Kissel; Meir Grossman – Seward & Kissel; Danielle Lemberg – Seward & Kissel; Nick Katsanos – Seward & Kissel; Dora Pulido – Seward & Kissel; Craig Sklar – Seward & Kissel;

Law Firms: Dechert; Seward & Kissel;

Clients: Kudu Investment Management; Radcliffe Capital Management;