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Sovereign Wealth Funds Briefing - Categorized | Investment

Kazakh-Arab Fund to invest $50 mln in Kazakh energy sector

Posted on 16 July 2012

The Kazakh- Arab Falah Growth Fund will invest $50 million in energy sector of Kazakh city of Karaganda, the Kazakh Kazyna Capital Management (KCM) reported on Wednesday. KCM is a fully owned subsidiary of Kazakh Sovereign Wealth Fund Samruk-Kazyna.
“Falah Growth Fund L.P., a member of the group of private-equity funds with Kazyna Capital Management participatory interest, has reached an agreement with Kazakhstan Utility Systems to provide $50 million in equity capital to Karagandy Energocenter in Kazakhstan,” the company said………………………………………..Full Article: Source


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