New Head Of Kazyna Capital Management Appointed
National Holding (NMH) Baiterek Board appointed Askar Dostiyarov Chairman of the Board of Kazyna Capital Management JSC, reports KazWorld.info with reference to the press-service of NMH Baiterek JSC.
Dr. Askar Abayevich Dostiyarov, Ph.D., has 16 years of experience in finance, including foreign investment. He served as a Member of Managing Board and Managing Director of Joint-stock Company National Management Holding Baiterek. Dr. Dostiyarov served as a First Deputy Chairman of the Management Board at Development Bank of Kazakhstan JSC since August 9, 2014 until March 18, 2016. Dr. Dostiyarov oversees issues related to investment activities of the holding and its subsidiaries and related organizations. He served as Acting Chairman of
Kazyna Capital Management is an investment arm of National Managing Holding Baiterek JCS specializing in direct and fund of funds investments. Within direct investments, it seeks to make private equity investments. Within fund of fund investments, the firm prefers to invest in private equity, venture capital, and infrastructure funds. It primarily invests in domestic and foreign investment funds and other projects. The firm considers investments in all industries. It seeks to invest in Kazakhstan, CIS countries, and emerging markets. Kazyna Capital Management was founded in May, 2007 and is based in Almaty, Kazakhstan.