January 24, 2022
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Yes Mutual Fund is now White Oak Capital Mutual Fund
Yes Asset Management’s name has been changed to White Oak Capital Asset Management with effect from January 12. Further, Yes Mutual Fund will now be called White Oak Capital Mutual Fund, Aashish P Sommaiyaa, Chief Executive Officer of White Oak Capital, announced on Thursday.
He, further, informed: “WhiteOakCap has filed equity MF offer documents for regulatory approval”.
White Oak Capital group provides investment management and advisory services for equity assets of over Rs 42,000 crore.
In November, White Oak Capital group announced the completion of the transaction to acquire the mutual fund business of Yes Bank had received capital markets regulator Sebi’s approval to acquire Yes Asset Management from Yes Bank in September.