A holding built
on the discipline
of capital
MSM CAPITAL is a private diversified investment holding creating sustainable value through long-term ownership and development of assets in the real sector of Uzbekistan's economy.

An institutional approach
to private capital
We bring industrial, financial and infrastructure assets under a single management system built on transparency, measurable results and a responsible attitude to the regions where we operate.
Unlike speculative models, our mandate is to acquire quality businesses, strengthen them operationally and hold them over a long horizon, reinvesting profit into further growth.
- Transparent ownership and corporate-governance structure
- Active participation in the development of portfolio companies
- A focus on sustainable development and long-term value
Turning capital into long-term value for the economy and society.
To become the benchmark of a responsible investment holding in Central Asia.
Discipline over fashion. Fundamentals over market sentiment.
The principles that guide us
Integrity
We act honestly and consistently, placing reputation and partners' trust above short-term gain.
Discipline
Every investment decision is based on analysis, risk assessment and clear return criteria.
Partnership
We build long-term relationships with co-investors, management and communities.
Responsibility
We factor environmental and social considerations into asset management.
Stages of development
- 2022
Founding of the holding
The management structure was formed and the first strategic industries were defined.
- 2023
First acquisitions
Entry into industrial and financial assets and the launch of the investment committee.
- 2024
Portfolio expansion
Diversification into real estate and energy, with expansion into four regions of the country.
- 2026
Strategy through 2030
A long-term plan for growth of assets under management and sustainable development was approved.
«We are building a holding measured not by loud deals but by the durability of the value created — for shareholders, partners and the country.
»
Andrejs Maisjuks — Chief Executive Officer
