How we work

Fund size:	USD 500 million in commitments
Fund Life:	10 years to January 2022 + three optional single year extensions
Investment period:	to January 2019
Management fee:	Bottom-up to a maximum 2% on commitments during investment period and on capital invested thereafter

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Geography:

►	Kazakhstan, Russia and CIS

Situations:

as	►s	All majority and significant minority situations
		Growth capital
		Buy-out
		Restructuring
		The following start-up situations are considered:
		- Development of infrastructure and quasi-infrastructure assets
		- “Brownfield”, new venture set-up by an existing relevant player in the market
		- JVs with foreign companies into Kazakhstan, specifically industrial models anywhere else by the promoter and execution capabilities proven

Target Companies:

as	►s	All sectors considered
	►s	Ticket size USD 10-50 million per investment
	►s	Different structures considered: Equity, Structured Equity, Convertible Debt

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