• Kazakhstan
  • Mn-Fr
  • 8:00-18:00

Fonte Reach Fund finances Bestsellers.kz project

Fonte Reach Fund finances Bestsellers.kz project

Fonte Reach Fund OEIC Limited — an investment credit fund launched by investment management company Fonte Capital Ltd in partnership with investment consulting company Reach Invest — has issued a loan of 15 million KZT to the Bestsellers.kz project for a period of 9 months.

Bestsellers.kz is a literary agency specializing in full-cycle book development and publishing services. The team supports experts and thought leaders with concept development, writing, editing, design, layout, ISBN registration, printing, nationwide and online distribution, and book promotion. The agency has already helped publish over 110 books for clients from various countries.

Fonte Reach Fund focuses on short-term financing for small and medium-sized businesses with high growth potential. The Fund’s strategy includes investments secured by contracts, factoring, and debt financing for projects with an investment horizon of up to 12 months.

“Supporting small and medium-sized enterprises is an important area of focus for us.. We believe in the potential of the Bestsellers.kz team and are pleased to support their continued growth,” said Yerzhan Mussin, CEO of Fonte Capital.

About Fonte Capital Ltd:

Fonte Capital Ltd is an investment management company registered with the Astana International Financial Centre (AIFC) in January 2022. The company specializes in managing a diversified pool of investment funds with the aim of ensuring sustainable capital growth across various asset classes.

About Reach Invest:

Reach Invest, part of the Reach Partners Group, is an investment consulting company specializing in private capital fundraising, financial modeling, business planning, market research, and sourcing investment-ready business projects.