New fund manager Redgate Varahaldus recieves activity licence
The Financial Supervision Authority has granted AS Redgate Varahaldus an activity licence as a fund manager with the right to provide the services of managing investment funds and securities portfolios, investment consulting and the holding of fund units and shares on behalf of clients.
The management board of AS Redgate Varahaldus includes Mart Altvee, Veikko Maripuu and Andrei Zaborski and its supervisory board includes Indrek Prants, Armin Kõomägi and Jaak Kütt. AS Redgate Varahaldus is owned 100% by OÜ Redgate Capital.
The management of investment funds requires an activity licence from the Financial Supervision Authority, which the Authority has previously issued to the public limited companies Avaron Asset Management, Danske Capital, ERGO Varahalduse AS, GILD Fund Management, GILD Property Asset Management, Hansa Investment Funds, Kawe Kapital, LHV Varahaldus, Limestone Investment Management, Nordea Pensions Estonia AS, SEB Varahaldus, Trigon Alternative Funds and Trigon Funds.
The principal field of activity for a fund manager is the management of funds and securities portfolios: management of the issuing and repurchase of fund units, maintenance of records on assets and other relevant activity. One fund manager may manage several funds.