Aashish P Sommaiyaa, the Chief Executive Officer of White Oak Capital, the latest entrant to the mutual fund space, informed that the name of YES Asset Management stands changed to WhiteOak Capital Asset Management. The change in the names are effective from January 12, 2022. White Oak got the license to run a mutual fund. White Oak Capital group provides investment management and advisory services for equity assets of over Rs 42,000 crore.
In November 2021, White Oak Capital Group, through its subsidiary, GPL Finance and Investments, acquired the mutual fund business, Yes Asset Management, of Yes Bank. The White Oak Capital group provides investment management and advisory services for Indian equity investors.
