EJF Capital LLC, an Arlington, VA-based global alternative asset management firm focused on regulatory event driven themes across the financial and real estate sectors, received a strategic minority investment from Kudu Investment Management, LLC.
The terms of the deal were not disclosed.
The investment will help EJF expand its global offerings investing in its existing and future funds and securitization vehicles.
Co-founded by Co-CEOs Manny Friedman and Neal Wilson, EJF is a global institutional alternative asset management firm focused on regulatory event-driven investing within financials and real estate.
The firm manages approximately $7.6 billion (as of June 30, 2019) in assets across hedge funds, private equity, real estate funds, and separately managed accounts, in addition to approximately $3 billion in structured products. Its approach combines investment expertise across the capital structure with a corporate finance focus to unearth creative investment solutions.
EJF is headquartered outside of Washington D.C., with offices in London and Shanghai.
Seward & Kissel LLP is acting as legal advisor to Kudu Investment Management in this deal.