During a working visit to Hong Kong, Dasco Capital signed a memorandum with Templewater, one of the region’s leading investment firms. The parties intend to explore the establishment of a private equity fund for projects in Kazakhstan and Central Asia, with a particular focus on the city of Alatau.
At the Alatau City Roadshow investment round table in Hong Kong, Dasco Capital signed a memorandum of cooperation with Templewater, one of Hong Kong’s leading alternative investment firms. The parties agreed to explore the establishment of a joint private equity fund focused on investments in the economies of Kazakhstan and Central Asia. Projects in the city of Alatau are regarded as one of the future fund’s priority areas.
Founded in 2018 with the participation of Investec Group, Templewater manages a portfolio spanning private equity, energy transition, and real estate across the Asia-Pacific region. The partnership provides access to the expertise and capital of one of Asia’s largest financial centres and creates a direct channel for attracting international investors to the region.
The Alatau City Roadshow was held with the participation of Deputy Prime Minister of the Republic of Kazakhstan Kanat Bozumbayev and Chief Executive of Hong Kong John Lee. The event brought together major investment funds, financial institutions, and technology companies from across the region, with a total of six agreements and memoranda of cooperation signed during the round table.
The special legal regime of the city of Alatau, established by the Constitutional Law “On the Special Legal Regime of the City of Alatau,” is intended to make projects in its territory predictable and transparent for international investors. It is on such projects that Dasco Capital and Templewater intend to focus the first phase of the future fund’s work.
For Dasco Capital, this partnership continues its strategy of building long-term relationships with international institutions and developing venture and private equity investment infrastructure in Kazakhstan and Central Asia. The parties intend to define the fund’s structure, mandate, and parameters in the coming months.
