The Captive Fund of Kazyna Capital Management JSC financed the construction of a perinatal center

The Captive Fund of Kazyna Capital Management JSC (a subsidiary of Baiterek NMH JSC) Baiterek Venture Fund provided financing in the amount of 2,000 million tenge to Keruen-Medicus LLP for the construction of a maternity hospital in Bostandyk district of Almaty. Keruen-Medicus is one of the largest private medical organizations in the Republic of Kazakhstan, founded in 2000. Having started its activity with a small polyclinic, today Keruen-Medicus is a leading medical company employing 300 healthcare workers. The professional approach in the work of the diagnostic direction complements the full set of modern laboratory and radiation equipment from leading world manufacturers, such as Siemens, Karl Storz, GE, and others. The new perinatal center with a total area of 4,000 m2 will include a polyclinic and diagnostic unit, a maternity and maternal child unit, operating rooms and departments of pediatric and adult intensive care. Following the commissioning of the medical and diagnostic center, it is planned to create 150 new jobs. The maternity hospital, equipped with high-precision diagnostic equipment, will be an integral part of the main building of the multidisciplinary KERUEN-MEDICUS medical center. The expansion of the clinic will further develop such areas as surgery, neurosurgery, orthopedics, traumatology and pediatric surgery. For reference: Kazyna Capital Management JSC is a fund of direct investment funds established in 2007, whose main mission is to develop private equity infrastructure in Kazakhstan in order to promote sustainable economic development of Kazakhstan. It is a subsidiary of Baiterek NMH JSC. Additional information can be found on the website: kcm-kazyna.kz. Baiterek Venture Fund JSC is a direct investment fund established in 2014, provides financial support to domestic companies operating in priority sectors of the economy. It is a 100% subsidiary of Kazyna Capital Management JSC. Additional information can be found on the website: bvfund.kz