Fair Oaks Income Limited Shareholding in Investment Adviser (4612L)
24 December 2018 - 11:15PM
UK Regulatory
TIDMFAIR TIDMTTM TIDMFA14
RNS Number : 4612L
Fair Oaks Income Limited
24 December 2018
Fair Oaks Income Limited (the "Company")
Shareholding in Investment Adviser
24 December 2018
The Board of Directors (the "Board") of the Company has been
informed by Fair Oaks Capital Limited ("Fair Oaks") that Kudu
Investment Management LLC have entered into an agreement to take a
passive minority stake in Fair Oaks.
In partnering with Kudu, Fair Oaks sought to diversify its
capital base, while also enabling the founders to reinvest in their
strategies thereby enhancing alignment with the firm's clients.
Kudu will have no role in ongoing operations of Fair Oaks but will
offer strategic guidance and support as the firm expands its
investment offerings and network of investors.
Commenting on the announcement, Founding Partners Miguel Ramos
Fuentenebro, Roger Coyle and William Sheoris added: "our
partnership with Kudu allows Fair Oaks to further institutionalize
our business and have access to Kudu's insights regarding global
growth opportunities, while preserving our valued independence. We
anticipate that this strategic relationship with the Kudu team will
strengthen Fair Oaks' ability to provide our investors with leading
investment solutions across tradable credit and private debt."
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCLLFLFFVLSFIT
(END) Dow Jones Newswires
December 24, 2018 07:15 ET (12:15 GMT)
Fair Oaks Income (LSE:FAIR)
Historical Stock Chart
From Apr 2024 to May 2024
Fair Oaks Income (LSE:FAIR)
Historical Stock Chart
From May 2023 to May 2024