Kazakhstan Seeks Hedge Fund, P.E. Managers

Feb 8 2013 | 11:20am ET

Kazakhstan, the Central Asian nation with the $58 billion National Oil Fund, is looking for hedge and private equity fund-of-fund managers to oversee investments worth as much as $300 million.

The bank wants private equity managers with at least $5 billion under management and 10 years' experience and hedge fund managers with at least $5 billion and five years' experience, reports Bloomberg.

Each mandate will be worth between $50 and $150 million and applications will be accepted until the end of the month.

Private equity fund of funds will be allowed to invest in mezzanine, primary and secondary private-equity funds focused on growth capital, special situations and buyouts. Eligible funds of hedge fund strategies include global macro, event-driven, credit, long/short equity, multi-strategy, fixed-income arbitrage and managed futures.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...