On 1 April 2018 the Company was officially admitted as a member of the international Emerging Markets Private Equity Association (EMPEA), the only association that brings together all well-known private equity companies in emerging countries. Admittance of Kazyna Capital Management in EMPEA confirms the Company’s and Association’s adherence to common goal of developing a private equity industry for achievement of sustainable growth in emerging market economies.
“Admittance in EMPEA is an extremely important milestone for Kazyna Capital Management resulting in a deeper integration of the Company into the global business community. It is especially symbolically that our Company has become one of the first Kazakh companies in the EMPEA that comprises 300 participants who together manage more than USD 5 trillion in assets across 130 countries. This initiative will give an access to potential foreign investors and provide a transfer of international knowledge and technology”, reported Baurzhan Yerezhepov, Managing Director of Kazyna Capital Management JSC.
One of the advantages of EMPEA’s membership includes a chance to share experiences with leading investment companies in emerging countries. As a member of the Association, the Company will also get an access to the information base with analytical and research surveys of EMPEA, an opportunity to raise knowledge of its employees through participation in training events as well as support in representing the interests of the industry in Kazakhstan on regulatory issues.
“On behalf of EMPEA I cordially would like to welcome you as a new member of the Association. We look forward to welcoming you at our biggest event of the year, the international Global Private Equity Conference 2018 held by IFC jointly with EMPEA on 14-17 May 2018 in Washington”, said Kyoko Terada, Vice President of EMPEA in her welcome letter to KCM.
Kazyna Capital Management (KCM) is a fund of private equity fund established in 2007 to promote the sustainable development of the national economy. The Funds of KCM’s family provide capital to companies in various sectors of the economy for further growth and competitiveness enhancement. KCM is among the Companies owned by Baiterek National Management Holding JSC.
Emerging Markets Private Equity Association (EMPEA) is the private equity association in emerging markets headquartered in Washington, USA and established in 2004.
The EMPEA’s membership comprises 300+ participants from 60 countries representing institutional investors, fund managers and industry advisors. The EMPEA’s participants include the International Finance Corporation, the European Bank for Reconstruction and Development, Goldman Sachs, Morgan Stanley, Citic capital, UFG Private.