Massachusetts Mutual Life Insurance completed the acquisition of a minority stake in Kudu Investment Management.

Massachusetts Mutual Life Insurance, a life insurance company, completed the acquisition of a minority stake in Kudu Investment Management, a private equity investment firm. White Mountains Insurance Group co-invested in this deal. Financial terms were not disclosed. “We’re delighted to enhance our relationship with Kudu and to support its continued growth with this new equity investment. The Kudu management team has assembled a broad range of world-class asset and wealth managers, and we look forward to working with Kudu’s portfolio companies,” Phillip Titolo, MassMutual Head of Direct Private Investments.