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Adviser Profile

Registration status Terminated
As of Date 10/13/2024
Adviser Type - Outside the United States
Number of Employees 5 -16.67%
of those in investment advisory functions 2 -33.33%
AUM* 42,750,000 -56.00%
of that, discretionary 42,750,000 -56.00%
Private Fund GAV* 0 -100.00%
Avg Account Size 14,250,000 -26.66%
SMA’s No
Private Funds 0 3
Contact Info +23 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
155M 133M 111M 89M 66M 44M 22M
2015 2016 2017 2018 2019 2020 2021 2022

Private Funds



Employees

Brochure Summary

Overview

A. General Description of Advisory Firm – Imara is a company with limited liability organized under the laws of the British Virgin Islands (the “BVI”). Its principal place of business is located in Road Town, Tortola, BVI. Imara holds a Category 3 - Investment Management – Sub Category B Investment Management for Managing Mutual funds license and a Category 4 Investment Advice - Sub Category B for Advising Mutual Funds license issued by the BVI Financial Services Commission. Imara was founded and commenced operations in 2003. Imara is a fully owned subsidiary of Imara Holdings Limited (“IHL”), a Botswana registered company accredited by the Non-Bank Financial Institutions Regulatory Authority as an International Financial Services Centre. B. Description of Advisory Services – IHL is a holding company for a group of companies providing asset management, corporate finance, stockbroking and trust and company administration primarily to institutional and private clients. (collectively, the “Imara Group”). Imara is part of the asset management division of the Imara Group and provides discretionary asset management
services. Imara’s investment strategy focuses on equity investing and trading in Africa. C. Availability of Tailored Services for Individual Clients – Currently, Imara provides investment advice only to collective investment vehicles (each, a “Fund”), and Imara also provides such services to separately managed accounts. Currently, only the Imara African Opportunities Fund Limited (the “African Opportunities Fund”) and the Imara Zimbabwe Fund Segregated Portfolio of Imara Africa Series SPC Limited (the “Zimbabwe Fund”) are open to investment by U.S. persons. Investment advice is provided to each Fund Imara advises pursuant to a Management and Investment Advisory Agreement (the “MIA Agreement”) between such Fund and Imara. Each Management Agreement grants Imara complete investment discretion to invest the Fund’s assets in a manner consistent with the Fund’s prospectus. D. Wrap Fee Programs – Imara does not participate in wrap fee programs. Clients Assets Under Management – As of 30 April 2023 the amount of client assets that Imara managed on a discretionary basis was approximately $42.75 million. The above assets are managed on a discretionary basis.