Kudu Stakes US Farmland Investor Homestead Capital

Kudu Investment Management has taken a minority ownership position in US farmland-focused private equity firm Homestead Capital.

Terms of the transaction were not disclosed, but Homestead will remain majority-owned by employee shareholders, led by founders and co-CEOs Daniel Little and Gabe Santos. The San Francisco-based firm manages over $1.6B in assets and operates in the Pacific, Pacific Northwest, Mountain West, Delta and Midwest regions of the US. 

Kudu Chairman and Managing Partner Charlie Ruffel said the partnership was an “instant cultural fit,” expressing that investments in agriculture are “poised to grow as investors allocate additional funds to this vital real assets market.” Grace Strategic Consulting served as financial advisor and Holland & Knight as legal advisor for Homestead, while Seward & Kissel LLP served as legal advisor for Kudu. 

Since its founding in 2015, Kudu has made 30 investments in asset and wealth managers in the US, Canada, UK, and Australia. It most recently invested in healthcare secondaries investment manager Revelation Partners, as reported by Dakota on October 23 of last year.

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Written By: Dakota