Ashoka Whiteoak Capital PTE LTD
Ashoka WhiteOak Capital Pte. Ltd. is a Singapore-based boutique investment management and advisory firm founded by Prashant Khemka, former CIO and Lead Portfolio Manager of India Equity and Global Emerging Markets Equity at Goldman Sachs Asset Management. The firm is regulated by the Monetary Authority of Singapore, holds a Capital Markets Services License, and provides investment advice and management services to institutional and individual investors. The company focuses on a fair and transparent relationship with stakeholders. Estimated employee count is not disclosed but the firm is described as a boutique manager, implying a small dedicated team.
Investment Strategy
Ashoka WhiteOak Capital follows a bottom-up stock selection philosophy, investing in companies with a powerful combination of strong business fundamentals and attractive valuations. Their disciplined process, proprietary OpcoFinco analytical framework, and balanced portfolio construction ensure that alpha is a function of stock selection, minimizing non-stock specific risk factors over time. The firm seeks to deliver outsized returns by investing in great businesses at attractive values, grounded in fundamental research and disciplined risk management.
Top Holdings
Equity Positions (15)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IBN | ICICI BANK LIMITED | 74.25% | $190.8M | 4,139,763 | $30.10 | $30.23 | -$18.8M |
H HDB | HDFC BANK LTD | 8.09% | $20.8M | 521,000 | $56.50 | $34.16 | -$22.6M |
I INFY | INFOSYS LTD | 6.57% | $16.9M | 530,000 | $21.52 | $16.27 | -$1.7M |
A ASML | ASML HOLDING N V | 2.20% | $5.7M | 5,780 | $710.52 | $968.09 | +$1.0M |
M MELI | MERCADOLIBRE INC | 1.85% | $4.8M | 1,870 | $2053.03 | $2336.94 | +$941.0K |