Profile

AV Frontiers is an investment management firm based in Bishkek,
Kyrgyz Republic. AV Frontiers is owned by Kyrgyz financial institution
Frontiers and Washington DC-based impact investment manager AV
Ventures, a subsidiary of development organization ACDI/VOCA.
AV Frontiers is well equipped to fill the financing gap in the
dynamic Central Asian SME market by providing both favorable
financing terms and technical assistance. This approach will allow AV
Frontiers to return value to investors and put its impactful portfolio
companies on a path of sustainable growth. AV Frontiers is raising a
US$8–10 million evergreen Central Asia Impact Fund anchored with US$2 million investment from
ACDI/VOCA and affiliates.

 Taalaibek Djoumataev, Managing Director, AV Frontiers (Bishkek, Kyrgyz Republic). Kyrgyz national
with 25+ years’ experience in private commercial banking, microfinance lending, and financial regulation
with the Kyrgyz National Bank (Central Bank). Key figure in the Kyrgyz Republic’s structural and regulatory
changes during the country’s shift to a market-based economy
 Arsalan Ni, Fund Management Advisor, AV Frontiers (Almaty, Kazakhstan). American citizen with 20+
years’ experience in venture capital, development finance, SME lending and investing, and
entrepreneurship. Proven track record launching and managing SMEs funds in emerging and frontier
markets at the IFC, World Bank, and United Nations Green Climate Fund.
 Geoffrey Chalmers, Managing Director, AV Ventures (Washington, DC). American citizen with 20+
years’ experience in development partnerships, catalyzing investment in emerging and frontier markets, and
enterprise development.