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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Kazakhstan Growth Fund to strengthen private businesses.

Posted on 05 December 2008

From Cbonds.info: The EBRD and Kazakhstan’s Sovereign Wealth Fund SamrukKazyna, a state-owned joint stock company, have agreed to set up the Kazakhstan Growth Fund.

EBRD President Thomas Mirow and Kairat Kelimbetov, Chairman of SamrukKazyna, signed an agreement in Astana today to set up the Fund in the very near future. EBRD President Mirow said: “This is an important milestone in the cooperation between our Bank and Kazakhstan and takes our partnership to a new level. The new Kazakhstan Growth Fund will substantially contribute to the development of the private sector in the country by providing much-needed finance.”…. Full Article: Source


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