Founded in Portland in 2017, Variant is an SEC-registered, employee-controlled alternative credit specialist and interval fund manager with more than $2.3 billion under management, largely for registered investment advisor clients. Variant’s strategies are focused on uncorrelated income-generating private investments in niche markets and are offered to investors through institutional closed-end interval funds.
Kudu is a New York-based provider of permanent capital solutions to independent asset and wealth managers around the globe. Founded in 2015, as of 30 November 2022 the firm has investments in asset and wealth managers located across the US, UK, Canada and Australia. Kudu-affiliated asset and wealth managers now collectively hold approximately $66 billion worth of investments in traditional and alternative market segments and strategies. Kudu provides long-term capital solutions, including management buyouts, acquisition and growth finance, generational ownership transfers and liquidity for legacy partners.
Seward & Kissel advised Kudu with a team led by counsel Danielle Lemberg and including partner Anne Patin, counsels Lancelot King and Michael O’Brien, and associates Jeffrey Dorman, Stephen Marks, Elyse Moy, Brett Cotler and Seth Kuntz.