On May 26, 2022, Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers worldwide, announced that Massachusetts Mutual Life Insurance Company (MassMutal), a leading U.S. mutual life insurance company, has become an equity investor in Kudu. MassMutual joins White Mountains Insurance Group, Ltd., an existing investor in Kudu. Seward & Kissel was pleased to represent Kudu in connection with this middle market private equity transaction.

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. Massachusetts-based MassMutual is a leading mutual life insurance company that offers a wide range of protection, accumulation, wealth management and retirement products and services.

Seward & Kissel LLP (www.sewkis.com) 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 has considerable expertise in M&A;…The team regularly acts for private equity firms, international businesses and financial services companies in a huge variety of domestic and cross-border corporate and financing transactions.”

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