JELKEN MANAGEMENT LTD.

An independent investment management company operating under the jurisdiction of the Astana International Financial Centre, creating and managing investment funds and tailored investment solutions

STRATEGIC VISION

MISSION

Professionally manage investors’ capital by creating and supporting well-structured investment products with controlled risk and long-term economic value

VISION

Jelken Management aims to become an asset management company to which investors entrust capital on a long-term basis, and which the market recognizes as a reliable private capital management institution

VALUES

Trust
Partnership
Intellectual discipline
Adaptability
Responsibility

OUR ADVANTAGES

AIFC jurisdiction

We operate in the licensed jurisdiction of the AIFC, providing investors with a transparent legal environment and a high level of institutional protection.
AIFC Licence: AFSA-A-LA-2026-0005.

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Institutional approach

We apply an institutional approach to investing, combining sector expertise, transaction structuring, and disciplined investment processes
Risk management and reporting

We establish a risk management and transparent reporting system, ensuring capital control at every stage of the investment cycle

INVESTMENT STRATEGIES

The Fund builds a portfolio balanced by stage, instrument, and sector, combining equity financing, debt financing, and convertible instruments. This approach enables the Fund to support growth projects while ensuring stable cash flow

Private Equity

Direct investments / equity financing in companies at Seed and Series A–C stages with the potential for multiple growth

Debt financing

Debt financing for companies with stable cash flows

Convertible instruments

Convertible instruments combining debt-like returns with an option to participate in equity

APPROACH

Portfolio approach. Investments are structured as a diversified portfolio, ensuring a balance between return and risk, as well as sustainable capital growth throughout the entire investment cycle
Geography

Kazakhstan / AIFC (regulated by AFSA)
Who we are suitable for
- Professional investors
- Companies seeking capital
- Corporate investors
- Institutional investors
- Businesses interested in partnership

FINANCING

We provide companies with capital and investment solutions for business growth, transformation, and scaling

Direct investments

We consider companies that require capital for optimization, transformation, entry into new markets, business consolidation, or strengthening their operating model
Working capital financing

We consider requests for short- and medium-term business financing where the transaction economics are clear, cash flows are predictable, and the level of capital protection is acceptable
Partnership financing

We are open to cooperation with operating partners, industry experts, asset owners, developers, production platforms, and providers of technology solutions

Chief Financial Officer

Finance professional with over 15 years of experience in project finance

Gulden Zhussina

MLRO

Experienced risk management leader at major financial institutions

Sandugash Kenzhebayeva

Chief Legal and Compliance Officer

Compliance professional with experience in government bodies and quasi-public sector organizations

Sanzhar Batyrkhanov

Principal Legal Counsel

Specialist with experience in the banking sector and development finance institutions

Kanat Mukanov

Chief Executive Officer

Experienced executive with a background in state financial institutions and private equity

Duman Aubakirov

INVESTMENT TEAM

Our team combines investment experience, analytical rigor, and an entrepreneurial perspective on opportunities

View the composition of the Board of Directors of Jelken Management Ltd.

The information on this website is provided for informational purposes only and does not constitute a public offer or an offer to acquire financial instruments.
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