Seward & Kissel Represents Alger Group Holdings in its Acquisition of Redwood Investments

January 16, 2024

Seward & Kissel’s Business Transactions Group Focusing on the Middle Market

On January 4, 2024, investment manager Alger Group Holdings, LLC (“Alger”) announced that it had agreed to acquire growth equity manager Redwood Investments, LLC (“Redwood”). Seward & Kissel is pleased to be representing Alger in connection with this investment management industry transaction.

Alger, a privately-held, women-owned and minority-led growth equity investment manager, provides U.S. and non-U.S. institutional investors and financial advisors access to a suite of separate accounts, mutual funds, ETFs, and privately offered investment vehicles. Redwood, which is majority woman-owned, is a specialized global growth equity manager with over $1.6 billion in assets under management for primarily institutional clients. Following completion of the transaction, Redwood will become sub-advisor to Alger’s International Focus, Emerging Markets and Global Focus funds.

Seward & Kissel LLP ( is a leading New York law firm, originally established in 1890, offering legal advice emphasizing business, financial and commercial law and related litigation. The firm’s Business Transactions Group handles middle-market M&A, private equity, venture capital and joint venture transactions involving a wide variety of industries. The firm is ranked as Highly Regarded for Corporate/M&A by Chambers USA and is recommended by The Legal 500 in the middle-market M&A category, stating that Seward & Kissel “advises on market-leading transactions within the industries where the firm has an international reputation, namely investment management and shipping.”

The company’s press release describing this transaction is available here.