Kazakhstan Hungarian Investment Private Equity Fund was established on December 7, 2015 on behalf of the Government of the Republic of Kazakhstan JSC «National Management Holding «KazAgro» (Holding) together with Hungarian Export-Import Bank.
The activity of the Fund is aimed at attracting direct investments for financing and implementation of investment projects in the field of agro-industrial complex by entering into the authorized capital of companies (equity participation) of the Republic of Kazakhstan.
The Fund is managed by the international management company ADM Capital (has offices in Hong Kong, Turkey and Kazakhstan) with an office in Almaty. This company ensures the functioning of the Fund, including the search for projects and investments in the Fund.
During the existence of the Fund investments were made in 2 projects:
- project of «Green Capital Kazakhstan» LLP – construction and operation of high-tech greenhouse complex on 10 hectares in Aktobe region, Kazakhstan.
- project of «Gardens of the East» LLP – creation of intensive Apple orchards at the first stage of 150 hectares, at the second stage of 150 hectares of orchards and fruit storage in Zhambyl region, Kazakhstan.