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November 17, 2021

Kudu Investment picks minority stake in Granahan Investment

By Verdict Staff

Kudu Investment Management has acquired a minority holding in small-cap specialist Granahan Investment Management (GIM), which has $5.8 bn in asset under management (AUM).

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
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The size of the investment and the stake obtained by Kudu was not disclosed.

Under the agreement, GIM will continue to hold full control of the firm with over 75% equity of the firm held by its employees.

Established in 1985, GIM provides small cap equity portfolios for institutions and high net worth individuals globally.

Its offerings include US micro, small, SMID, and mid cap strategies, in addition to international and global small cap.

The firm serves as sub-advisor on four unaffiliated mutual funds in the US and offers a range of Irish-domiciled UCITS funds to non-US investors.

GIM founding partner, president and CEO Jane White said: “We were seeking a partner to support our growth initiatives and assist with our long-term succession plans.

“Kudu’s permanent capital philosophy represents the perfect solution for us.”

Commenting on the development, Kudu CEO Rob Jakacki said: “Granahan is an exceptional investment management firm with ambitious plans.

“As Granahan continues to build out its investments and client base both in the US and beyond, Kudu’s global reach and broad experience will be a great resource for its expansion efforts.”

In November last year, New York-based Kudu invested in Dallas-based boutique equity investment manager Ranger Investment Management.

The same month, Australian investment manager Channel Capital repurchased a minority equity stake in the business from Highbury Partnership with backing from Kudu.

The firm also offered additional capital for Channel Capital in addition to financing the stake buyout.

In July last year, Kudu made a strategic investment in Sequoia Financial Group.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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