The Capital Markets Authority has approved a fund manager license for Karsis Asset Managers Limited, an investment adviser license for Vepris Cap Limited and the registration of E-Gum Ventures Limited as a venture capital company. The approvals expand the range of regulated investment intermediaries in Kenya, adding private wealth management, technology-led advisory services and a multi-fund venture capital platform aimed at different investor segments. Karsis Asset Managers plans to provide private wealth management and launch regulated unit trust funds spanning money market, fixed income, balanced, equity and special or innovative strategies. Vepris Cap will offer technology-driven trading and advisory services focused mainly on fixed-income instruments for retail and institutional clients. E-Gum Ventures is expected to operate through three funds: a Project Fund investing in government-linked infrastructure and capital market instruments, an Innovation Fund targeting fintech, agritech and healthtech startups, and an Impact Fund offering blended-finance solutions linked to the United Nations Sustainable Development Goals.
Kenya Capital Markets Authority2026-05-28
Kenya Capital Markets Authority approves new fund manager and investment adviser licenses and registers venture capital company
The Capital Markets Authority has licensed Karsis Asset Managers as a fund manager, Vepris Cap as an investment adviser and registered E-Gum Ventures as a venture capital company. The move adds new private wealth, fixed-income advisory and venture capital offerings to Kenya’s regulated capital markets. E-Gum plans a three-fund structure focused on infrastructure and capital markets, technology startups and impact finance.