Kudu Investment, a private equity firm, completed the acquisition of a minority stake in Radcliffe Capital Management, an investment adviser specializing in defensive credit and opportunistic strategies. Financial terms were not disclosed. "Our investment in Radcliffe represents a terrific opportunity to diversify our portfolio. We have long admired Radcliffe's management team, distinct defensive investment philosophy, proven track record of performance, and focus on measured growth," Rob Jakacki, Kudu CEO.