Hall & Wilcox advises Channel Capital on investment transaction with Kudu Investment Management, LLC

Hall & Wilcox has advised Channel Capital, an Australian investment management company servicing more than A$16 billion in assets, on an investment in it by Kudu Investment Management, LLC.

Channel Capital partnered with New York-based Kudu in a transaction that saw the return of full ownership of shares in Channel Capital to employee and management shareholders. Kudu, an independent provider of innovative long-term capital solutions, provided financing to facilitate the buyback of Highbury Partnership, as well as funding for Channel Capital’s future growth.

Hall & Wilcox advised on all legal aspects of the transaction, including Kudu’s investment and the Highbury Partnership buy back. The Hall & Wilcox deal team was led by Partner Chris Brown, alongside Senior Associate Chevi Levin, Senior Associate Stephanie Gribbon and Lawyer James Hanrahan. The Hall & Wilcox team worked closely with Channel Capital’s corporate advisors, Berkshire Global, Sydney.

Partner Chris Brown said, ‘It is exciting to be able to work with clients like Channel Capital, whose business and growth story attract funding from overseas where there has been a lot more investment innovation than in Australia.

‘Once again, we were able to deploy a small, focused and (where required) specialist team, from across the firm, to assist with deal structuring and execution.’

Hall & Wilcox is a leading independent Australian law firm of around 750 people including 94 partners delivering outstanding legal services to corporate, public sector and private clients, both Australian-based and those offshore doing business in Australia. The firm has market-leading capabilities in all aspects of insurance and financial services, including financial services mergers and acquisitions. Hall & Wilcox’s Mergers & Acquisitions team is widely recognised for servicing mid-market M&A transactions in Australia and globally. The firm has a long and successful history of acting for participants in management buyouts (MBOs) and buy-ins (MBIs), as well as in high-profile capital raising and capital management transactions.