09:30 - 18:30 (+5 GMT)
Astana, Mangilik El, 55/21, C4.2
info@gwmcapital.kz
+7 707 233 4455
info@gwmcapital.kz
+7 707 233 4455

Structuring Capital.
Unlocking Kazakhstan.

GWM Capital Ltd. is a licensed fund management company under the Astana International Financial Centre (AIFC). Regulated
by AFSA and operating under English Common Law, we provide secure and tax-efficient access to
Kazakhstan’s high-growth sectors — including mining, agriculture.


About
Our services
Contacts
Our Team
About AIFC
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  • FUND-AS-A-SERVICE (FaaS)
    Fund-as-a-Service is GWM Capital’s flagship offering. It provides investors with a ready-to-launch fund platform under our...

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  • Asset & Fund Management
    We offer discretionary and non-discretionary mandates tailored to client goals, sector focus, and risk profile ...

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  • Fund Administration

    We offer complete back-office support including NAV calculation, investor registry maintenance, KYC onboarding, financial and regulatory reporting ...
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  • Bespoke Structuring via AIX
    We support the full lifecycle of securities listing on the AIX, including bond, sukuk, or structured note issuance ...

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Our Leaders
Multi-Disciplinary Team Behind Every Solution
  • Arman Batayev
    CEO & Founder

    Financial expert and auditor with ACCA certification

    • Co-founder of HQB, QAMS
    • Founding Partner at OD Consulting Ltd.
    • Former (EY, KMG EP, AIFC)
  • Yerkezhan Akylbekova
    Compliance and AML officer

    Former senior associate at the AFSA

    • Certified Financial Risk Manager
    • Former financial risk manager and analyst at Samruk-Kazyna, KazAgro Holding, EY
    • Expert in regulatory compliance and licensing in the AIFC
  • Kudaibergen Kanat
    Chairman of the Board
    • 20+ years in mining, transport & energy, incl. senior roles at Kazatomprom
    • Board roles: KazZinc, ShalkiaZinc, CECC, and Central Asia Engineers Association
  • Talap Botbayev
    CFO

    Former Director of Finance at Kazakhstan Investment Development Fund

    • Certified in IFRS, ACCA (part)
    • Former chief accountant and finance manager at BI Group, Almex Plus, Crowe Audit KZ
About Us
GWM Capital Ltd. is headquartered in Astana and operates under the regulatory oversight of the Astana Financial Services Authority (AFSA). We specialize in launching and administering investment funds that enable investors to access Kazakhstan’s high-potential, commodity-based sectors in a compliant and transparent way.
By combining regional market access with international-grade structuring, compliance, and governance, we help institutional investors capitalize on Kazakhstan’s untapped opportunities through professionally managed SPVs and fund platforms.
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OUR EXPERTISE
  • LICENSED FUND MANAGER UNDER AIFC
    • We are fully licensed by the Astana Financial Services Authority (AFSA) to manage funds and assets under AIFC’s common-law jurisdiction
    • This ensures regulatory clarity, investor protection, and international legal standards.
  • FLEXIBLE STRUCTURING CAPABILITIES
    • We design SPVs, closed-end funds, and listed instruments tailored to the specific needs of each transaction
    • Our structures accommodate equity, debt, hybrid, and Shariah-compliant formats.
  • INTEGRATION WITH ECOSYSTEM PARTNERS
    • We work closely with the AIX exchange, AFSA regulators, legal counsel, and tax specialists to ensure full alignment and deal readiness
    • This enables end-to-end delivery – from structuring to compliance and listing.
  • LOCAL EXECUTION, GLOBAL GOVERNANCE
    • Our team combines on-the-ground market access with institutional-grade processes, reporting, and governance
    • We bridge the gap between international investors and high-growth opportunities in Kazakhstan and Central Asia.
ASTANA INTERNATIONAL FINANCIAL CENTER

… was launched in 2018 to build a Common Law-based financial jurisdiction within Kazakhstan.

In just a few years, it has become the region’s most sophisticated financial platform, attracting over 4 200+ firms from more than 85 countries attracting $17bln and 1400+ financial and consulting companies.

Explore AIFC
  • REGULATORY CERTAINTY
    • Based on Common Law
    • Supervised by AFSA, aligned with global standards (IOSCO, IAIS, FATF, etc.)
    • Independent AIFC Court and Arbitration Centre—online and in English
  • TAX AND CURRENCY ADVANTAGES
    • 0% Corporate Income Tax and VAT for regulated financial services until 2066
    • No restrictions on FX operations – can operate in USD, HKD, CNY, EUR, or tenge
    • Special Investment Tax Residency programme available
  • INTERNATIONAL CAPITAL MARKET ACCESS (AIX)
    • Platform for IPOs, bonds, ETFs, Islamic instruments
    • Regulated like global exchanges; supports yuan and sukuk listings
    • Includes both local and foreign brokers
  • DIGITAL BUSINESS ENVIRONMENT
    • e-Residence & e-Registration: set up your company fully online
    • Remote investor onboarding, paperless governance
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Kazakhstan Market Insights
Where GWM Capital unlocks value
Kazakhstan’s mining sector is opening up – but remains structurally underserved

GWM CAPITAL’S ROLE
  • We structure compliant, de-risked fund and SPV platforms that channel global capital into Kazakhstan’s underexplored mineral pipeline.
  • Our solutions provide institutional access to a high-potential sector through a regulated AIFC jurisdiction.
“Kazakhstan offers a rare combination – underexplored deposits, regulatory modernization, and a void in professional PE capital structures.”

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