Kaspi.kz’s four owners plan to sell shares, and will all retain a stake after the listing, according to a statement Friday. Baring Vostok Capital Partners, the Moscow-based private equity fund set up by embattled U.S. investor Michael Calvey, owns 35% of the lender, board chairman Vyacheslav Kim owns 32%, Chief Executive Officer Mikheil Lomtadze has 29% and Goldman holds the remaining 4%. Morgan Stanley and Citigroup Inc. are the global coordinators and Renaissance Capital is the joint bookrunner, the company said.

https://www.bloomberg.com/news/articles/2020-09-25/kazakh-fintech-group-revives-london-ipo-plan-on-pandemic-boost?sref=EcccZSTc