The names of YES Mutual Fund schemes have been changed to WhiteOak Capital schemes as YES AMC is now a WhiteOak group company.
Tweet from White Oak Capital
Aashish P Somaiyaa, CEO: “Effective Jan 12, 2022, the YES Asset Management name stands changed to WhiteOak Capital Asset Management and YES Mutual Fund will now be called WhiteOak Capital Mutual Fund.”
The mentioned tweet also reads that WhiteOak MF has filed equity MF offer documents for regulatory approval.
About White Oak Capital
CEO Aashish Sommaiyaa, the new fund house’ head is the former chief executive of Motilal Oswal mutual fund.
Founded by Prashant Khemka, former CIO of Goldman Sachs Asset Management’s India Equity and Global Emerging Markets Equity businesses, White Oak Capital group provides investment management and advisory services for equity assets of over Rs 42,000 crore.
In August 2020, a definitive agreement was executed for the sale of 100 per cent of the equity shareholding of Yes Asset Management (India) Ltd and Yes Trustee Ltd, both wholly-owned subsidiaries of Yes Bank to GPL Finance.
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