A group of fund managers plans to set up a Sh388 billion ($ 3 billion) reserve aimed at buying out investors seeking to exit their stakes in firms through the Nairobi Securities Exchange (NSE).
An exit occurs when an investor opts to sell part or all ownership in a company. In a healthy or growing company, an investor may exit to gain a return on investment. In some cases, an exiting investor may want to access cash to invest elsewhere.
