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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Fair Oaks Income Limited | LSE:FAIR | London | Ordinary Share | GG00BNNLWT35 | 2021 SHS NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.57 | 0.56 | 0.58 | 0.57 | 0.5675 | 0.5675 | 10,385 | 08:01:19 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Trust,ex Ed,religious,charty | 369k | -687k | -0.0017 | -335.29 | 231.31M |
From Apr 2019 to Apr 2024
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
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(END) Dow Jones Newswires
December 24, 2018 07:15 ET (12:15 GMT)
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