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Belt & Road Summit - Deal-Making 2026

9 – 15 Sept 2026 | Hong Kong, China (Hong Kong)

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Portfolio Investments

piamg.uz/enUzbekistan
3 profile visits

About

Portfolio Investments LLC is a licensed investment intermediary based in Tashkent, Uzbekistan, providing the full local execution chain for international investors entering one of Central Asia's fastest-growing capital markets.

We position ourselves as an institutional broker: our focus is execution, market access and primary placements for professional and institutional investors. Uzbekistan's economy grew 8.5% in H1 2026, and the government's privatization program is opening a pipeline of IPOs and bond placements in banking, energy, mining, telecom and transport. Access, however, requires local infrastructure: onboarding and KYC, brokerage accounts, FX and settlement, custody and dividend repatriation. That is what we do.

Our track record includes IPO, SPO and corporate bond mandates as lead underwriter and co-underwriter, including the oversubscribed Uzbektelecom JSC public offering, whose shares have appreciated more than sixfold since listing, and bond placements for issuers in mortgage finance, consumer finance and manufacturing.

We work with international brokers, asset managers, family offices and institutional investors seeking exposure to Uzbek equities, corporate bonds and government securities, and we partner with regional financial institutions on the distribution of primary placements.

What we offer Summit participants:

- Market access and execution for foreign investors in Uzbekistan

- Participation in upcoming IPO and bond placements

- Local market intelligence and issuer due diligence

- Partnership on cross-border distribution of Uzbek securities

Financial Services

Fund ManagementInvestment BankingMergers & AcquisitionSecuritiesWealth Management

Professional Services

Financial Advisory

Additional Information

Other Place of Business

Nil

Year of Establishment

2012

Service Introduction

Portfolio Investments is an independent investment banking boutique in Tashkent, Uzbekistan (founded 2012, licences No. 1298/1297): IPO/SPO, M&A, privatization and capital markets. We act as an institutional broker for international investors, covering onboarding, brokerage, FX, settlement, custody and dividend repatriation. Our track record spans lead-underwriter and co-underwriter mandates across IPOs, SPOs and corporate bonds, alongside privatization advisory for state assets.

Terms and Conditions & Disclaimer

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At which key stages of the project lifecycle are your services appropriately applied?

Feasibility AssessmentFinancing and InsuranceMarket Assessment and Project SelectionRisk Planning Due Diligence

Representatives

Founder & CEO

Portfolio Investments

Client Relations & Investment Support

Portfolio Investments

Marketplace (3)

  • Service

    Market Access & Execution in Uzbekistan for Institutional Investors

    Full execution chain for international investors entering the Uzbek capital market: onboarding and KYC, brokerage, FX and settlement, custody and dividend repatriation. Licensed intermediary, member of RSE Toshkent.

    • East Asia
    • Securities
    • Middle East
    • Central Asia
    • Mainland China
    • South-East Asia
    • Financial Services
    • Investment Banking
    • Institutional Investment
    Author

    Founder & CEO at Portfolio Investments

    Uzbekistan

  • Service

    Participation in Uzbek IPO and Corporate Bond Placements

    Allocation and execution in primary offerings on the Tashkent Stock Exchange, including privatization-driven SOE deals across banking, energy, mining, telecom and transport.

    • East Asia
    • Securities
    • Middle East
    • Central Asia
    • Mainland China
    • South-East Asia
    • Financial Services
    • Investment Banking
    • Institutional Investment
    Author

    Founder & CEO at Portfolio Investments

    Uzbekistan

  • Service

    M&A and Privatization Advisory in Uzbekistan

    Buy-side and sell-side support for foreign acquirers of Uzbek assets: valuation, structuring, negotiation and regulatory coordination. 50+ M&A assignments and multiple state privatization mandates since 2012.

    • East Asia
    • Middle East
    • Central Asia
    • Mainland China
    • South-East Asia
    • Financial Services
    • Investment Banking
    • Financial Advisory
    • Mergers & Acquisition
    • Financial Due Diligence
    Author

    Founder & CEO at Portfolio Investments

    Uzbekistan