The Kenya Capital Markets Authority has licensed three fund managers, expanding the country’s regulated asset management market and adding new investment strategies for retail, institutional, corporate, diaspora and high-net-worth investors. The approvals cover ADAR Asset Management Limited, Entrust Advisory Limited and Everstrong Asset Management Limited, and are intended to broaden the range of offerings from offshore-linked alternatives and infrastructure-focused vehicles to locally structured unit trust portfolios. ADAR Asset Management plans to structure, launch and manage closed-end collective investment schemes that give Kenyan investors access to alternative global markets, starting with real estate-linked credit opportunities. Entrust Advisory, which was previously licensed as an Investment Adviser, can now offer a wider suite of investment management products and services. Everstrong Asset Management will operate as a fund manager with a focus on infrastructure, private equity, real estate, energy and other alternative asset classes in Kenya and the wider East African region. The authority linked the new licenses to greater market depth, wider product choice and stronger confidence in Kenya’s capital markets.
Kenya Capital Markets Authority2026-07-06
Kenya Capital Markets Authority licenses three fund managers to widen alternative and regional investment offerings
The Kenya Capital Markets Authority has licensed three fund managers: ADAR Asset Management, Entrust Advisory and Everstrong Asset Management. The approvals expand Kenya’s regulated fund management market with new offerings spanning global alternative investments, broader client investment management services and regional infrastructure and private market strategies. Entrust’s approval also upgrades it from investment adviser to fund manager.