Kudu completed the acquisition of a minority stake in Douglass Winthrop.

Kudu, an independent provider of permanent capital solutions to asset and wealth managers worldwide, completed the acquisition of a minority stake in Douglass Winthrop, an SEC-registered investment advisor managing. Financial terms were not disclosed. "Partnering with Kudu ensures DWA can remain independent, with access to growth capital and a strategy for long-term continuity in leadership. Kudu and DWA have a shared belief that independent, trusted financial advice is increasingly in demand by sophisticated investors and their families," Jay Winthrop, Douglass Winthrop Co-Founder and Managing Principal.