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Southern Ute Indian Tribe Growth Fund launches PE subsidiary

The Southern Ute Indian Tribe Growth Fund (Growth Fund), the business arm of the Southern Ute Indian Tribe in the USA, has formed a new private equity subsidiary Kava Equity Partners, which will focus on investments aligned with the tribe’s “cultural, environmental, and economic values”.

Kava Equity Partners will make both majority and minority, investments in lower middle market companies that see business value in partnering with the Southern Ute Indian Tribe.

The Growth Fund has also announced the recent hiring of Peter Shepard as its Assistant Operating Director, and James Dudley as Managing Director of Kava Equity Partners.

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