Sultanat Shunayeva

Kazyna Capital Management JSC (KCM) is the Kazakhstan-based, wholly-owned private equity holding of Samruk-Kazyna National Welfare Fund JSC, ultimately owned by the Government of Kazakhstan. Established in 2007, KCM is a fund of funds manager which is based in Almaty. Through their funds, they seek large institutional investors to jointly finance the Kazakhstani economy, aiming to increase investment activity in non-extractive sectors, to encourage competition among industries, to develop the private equity market and investment management companies and to develop strategic and infrastructure projects between the state and private sector.