Thursday
April 13
2023

Ashoka WhiteOak Emerging Markets Aims to Be First Investment Trust to Float in 18 Months

By Oliver Haill

Ashoka WhiteOak Emerging Markets Trust PLC is planning to raise £100mln and be the first investment fund to list in London for over 18 months.

With an aim of providing long-term capital growth for investment, the closed-ended investment company will be managed by Acorn Asset Management, an arm of Singapore-based investment management boutique White Oak Capital Partners, which also runs the Ashoka India Equity Investment Trust PLC (LSE:AIE) and has roughly US$5.5bn in assets under management.

Photo courtesy of Steven Depolo.

Source: Proactive (link opens in a new window)

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