ZIMNAT Asset Management Company is set to take control of several funds worth US$5,5 million, which were under the management of Tetrad Financial Services (TFS) Asset Management Company.
TFS, a former subsidiary of the now defunct Tetrad Group, was placed under provisional liquidation in April 2015 with Knowledge Hofisi of Aurifin Capital as the provisional liquidator, before the business was wound up three months later.
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“It is hereby notified, in terms of section 15 of the Asset Management Act [Chapter 24:26], that an application was received for the transfer of TFS Capricorn Fund, TFS Venus Equity Fund and TFS Jupiter Equity Fund to Zimnat Asset Management Company (Private) L
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