Private Equity
Kudu Investment Management LLC, a private equity investment firm headquartered in New York City, has acquired a minority passive interest in GenTrust, an employee-owned SEC-registered investment advisor (RIA) based in Miami, the company said today. "Kudu is our ideal partner,” Jim Besaw, Gentrust founding principal and CIO, said in a news release. “They immediately understood our dedication to providing best-in-class investment management to our clients. We're thrilled to have their support.” Besaw said that his firm got its start providing investment advice to hedge fund principals and expanded to serve other investment firms.