InvestorQ : Is White Oak capital going to acquire Yes AMC?
diksha shah made post

Is White Oak capital going to acquire Yes AMC?

11 months ago
In recent news, White Oak Capital’s subsidiary GPL Finance and Investments has received SEBI’s (Securities and Exchange Board of India) approval to acquire Yes Asset Management from the current sponsor. GPL Finance will now initiate the transfer of mutual funds business from Yes Bank so that it could take over the sponsorship. Soon after the takeover completes Aashish P Somaiyaa will be the new CEO. White Oak Capital is excited about offering investment expertise to retail investors across the country.

This transaction is expected to be concluded in the upcoming weeks. White Oak Capital offers investment management and advisory services for equity assets. The company provides investment services through a range of fund vehicles domiciled in India, the UK, and Ireland, to individual and institutional investors in India and globally.