Joseph Wambia

Boyds, MD (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)

Wambia Capital

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Location: Boyds
Industry: Finance
Year Founded: 2006
Number Employees: 1-10 people
Description: Investment Advisory company raising $5 million through Private Placement to launch a Mutual Fund dedicated to facilitating pooled investments in proprietary Mutual Funds products: Equity Mutual Fund/s, Fixed Income Mutual Fund/s, Special Situations Mutual Fund/s, and SMA. The unique aspect about the proprietary mutual funds is that they would be focused largely on African companies or debt issuers, and on non-African companies that have a strong African presence or business exposure. The pooled investment products would also help African investors to invest in the United States. The $5 million is sought to underwrite product development, regulatory capital (for the mutual funds), costs of registration, investment management, and (most importantly) aggressive marketing and direct sales to retail and institutional investors in the US, UK, Europe, Gulf Emirates, Off-shore, and Africa.