Kudu Investment Management Invests in GenTrust
Posted on 07/29/2022
Kudu Investment Management, LLC acquired a minority stake in GenTrust, LLC, an employee-owned SEC-registered investment adviser. Founded in 2011, GenTrust and its affiliates manage approximately US$ 3 billion, providing customized investment and wealth advisory solutions to a global client base of ultra-high-net-worth families, institutions, and other registered investment advisers. The firm has 33 employees and offices in Miami, New York, and San Juan (Puerto Rico). Since 2018, New York-based Kudu has acquired minority stakes in 19 asset and wealth managers headquartered in the U.S., Canada, U.K., and Australia. Kudu-affiliated asset and wealth managers now collectively invest more than $70 billion on behalf of individual and institutional investors worldwide in traditional and alternative strategies and market segments. To date, Kudu has raised more than $800 million in equity and debt capital from White Mountains Insurance Group, Ltd. and Massachusetts Mutual Life Insurance Company (MassMutual).
Advisors
Seward & Kissel LLP served as legal adviser to GenTrust and Kudu.
