Dechert Advises Gramercy Funds Management in Strategic Investment by Kudu Investment Management  

June 09, 2022

Dechert advised emerging markets investment firm Gramercy Funds Management LLC in Kudu Investment Management’s acquisition of a minority stake in Gramercy and affiliates. The majority of the proceeds will be reinvested into Gramercy’s investment strategies, further aligning the firm with its limited partners. The terms of the transaction were not disclosed.

Dechert also recently advised Radcliffe Capital Management and Douglass Winthrop Advisors in securing minority investments by Kudu.

Gramercy is a dedicated emerging markets investment manager. 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 Dechert deal team included corporate partner Michael Darby and associates Mary Burgoyne and Michelle Bigony; financial services partners Douglas Dick and Corey Rose; tax partners Ari Zak and Elizabeth Guidi; and employee benefits partners Steven Rabitz and Andrew Oringer and associate Naina Kamath.

About Dechert

Dechert is a leading global law firm with 22 offices around the world. The firm advises on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.

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