Kazakhstan Infrastructure Fund C.V.

On 3 November 2016 the Board of Directors of Kazyna Capital Management JSC resolved to select Verno PE Ltd as the manager for the Fund. On 17 February 2017 the appropriate legal documents were signed thereby the size of the Fund was increased up to USD 105 mln. (USD 5 mln. of commitments were assumed by Verno).

Verno is a joint venture of Mubadala and Verno Holdings Ltd. which own 25% and 75%, respectively. Verno also provides advisory services to Mubadala under a $ 6 bln. co-investment agreement between Mubadala and Russian Private Equity Fund in the Russian Federation.

Investment period of the Fund is 5 years with extension option until 4 December 2020. Life term is 10 years with extension option until 4 December 2024. 
 

Portfolio
Investment focus:
Infrastructure and industries under the SPIID program
Investment geography:
Kazakhstan
Capitalization of the Fund:
USD 105 mln.
Share of Kazyna Capital Management JSC:
USD 100 mln.
Investors:
Kazyna Capital Management JSC – 95%, Verno Capital – 5%
Investment portfolio
CAEPCO
Sector:

Electric power production

Year of funding::
2015
Fund contacts

Address:
United Kingdom, London SW1H 9HP, 16 Old Queen Street

Telephone:
(+44 20) 3709 3047

Our values
Investment activity
Feedback
Facebook