Tau Capital plc aims to invest in Public Equities of companies with assets in Kazakhstan or in the neighboring countries of the Kyrgyz Republic, Uzbekistan, Turkmenistan, Tajikistan and Russia (or whose business has exposure to this region), who have securities listed on the KASE or any other stock exchange or are otherwise traded on over-the-counter markets in Kazakhstan, its neighboring countries or internationally.

The Fund will also provide equity and equity-related investment capital to Private Companies operating in or with business exposure to Kazakhstan and its neighboring countries who are seeking capital for growth and development, consolidation or acquisition, or as a pre-IPO round of financing. Investments may also be made in Special Situations if the Investment Manager considers the investment to be of a type in keeping with the aims of the Fund.

These investments may be in combination with additional debt or equity-related financings, and potentially in collaboration with other value-added financial and/or strategic investors.

Tau Capital intends to invest not less than 50% of its NAV in Kazakhstan or entities which have their primary business interests in Kazakhstan while allowing for potentially up to 50% of its NAV being invested in its neighboring countries. Once fully invested, the Fund will have a minimum of 50% of its asset allocation in Public Equities and up to 50% in Private Companies and Special Situations. The Company proposes to limit the concentration of funds in any one investment to a maximum of 15% of NAV with a cap of 30% of its NAV in any one sector.

The Directors will target a broad range of sectors including oil and gas exploration and production, metals and mining, transport and logistics, consumer-related, telecommunications, financial services and business services as they believe that these sectors in each of Kazakhstan and its neighboring economies will provide capital appreciation opportunities for investors.