Kazyna Capital Management JSC and CITIC Capital Holdings Limited in 2011, will establish two investment funds total capitalization of $ 1 billion

/IRBIS, October 14, 09/ - Kazyna Capital Management JSC (Kazakhstan) and CITIC Capital Holdings Limited (PRC) in 2011, plans to create two additional investment funds with a market capitalization of $ 400 million each. Thus, the total amount of funds will be $ 1 billion, said in a statement issued today's press- service of National Welfare Fund Samruk-Kazyna JSC. The report stated that it is assumed that investors of such funds are made by large institutional and private investors in China and Southeast Asia. On the relevant arrangement was known at the meeting the Mr. K. Kelimbetov Chairman of the Board of Sustainable Development Fund Samruk-Kazyna JSC and Mr. Kun Danya.Segodnya Chairman of CITIC Group, in Beijing in the framework of the Summit of Heads of Governments of the Member States of the Shanghai Cooperation Organization. Also at this meeting it was announced the opening of the office of the Kazakh- Chinese investment fund CITIC-Kazyna Investment Fund I (the Fund) with the participation of representatives of Kazyna Capital Management led by the Chairman of the Board A. Alpamysovym. Office will be located in the building CITIC Tower. Fund will be managed by a joint management of company, consisting of the Kazakh and Chinese specialists. In the near future the Fund will also open an office in Almaty. Incorporation documents to establish the Fund were signed May 25, 2009 during a visit to the PRC K. Kelimbetov. According to the Fund's investment strategy of its activities are aimed at financing companies implementing infrastructure and other investment projects in non-oil sectors of the economy with high growth potential in Kazakhstan (at least 50% of the Fund) and China, - stated in the message. [2009-10-14]