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Seward & Kissel represents Hudson Structured Capital Management Ltd. in connection with its acquisition of Northern Shipping Fund Management

May 19, 2022

On May 12, 2022, Hudson Structured Capital Management Ltd. (“HSCM”), a manager of reinsurance, insurtech and transport assets, expanded its transportation alternative investment platform by acquiring the key business assets of Northern Shipping Fund Management LLC (“NSF”), a leading alternative capital provider to the shipping industry. Seward & Kissel is pleased to have represented HSCM in connection with this investment management M&A transaction.

Launched in 2016, HSCM is an asset manager focused on investments in the Re/Insurance and Transportation sectors and currently has approximately $4.0 billion in capital commitments and assets under management. NSF is a leading alternative capital provider to the shipping and offshore oil service industries. Employing an asset-based approach, NSF represents a stable source of capital, providing structuring flexibility and superior execution to support its customers’ financing needs.

Seward & Kissel LLP ( is a leading New York law firm, originally established in 1890, offering legal advice emphasizing business, financial and commercial law and related litigation. The firm's Business Transactions Group handles middle-market M&A, private equity, venture capital and joint venture transactions involving a wide variety of industries. The firm is ranked as Highly Regarded for Corporate/M&A by Chambers USA and is recommended by The Legal 500 in the middle-market M&A category, stating that Seward & Kissel "advises on market-leading transactions within the industries where the firm has an international reputation, namely investment management and shipping."

The company’s press release describing this transaction is available here.


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The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.


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