Financial terms of the deal were not disclosed.
Verny Capital is part of Verny Investments Holding, which was set up in 2006 by former investment executives from ATF Bank of Kazakhstan.
The fund was established with financing from the group’s stellar exit of ATF Bank of Kazakhstan to Unicredito, a $2.2bn deal that made a 4.9-times return.
The firm has done business with Glencore in the past, having sold a 40 per cent stake in the largest gold deposit in Central Asia to the commodities giant in 2008.
The deal made a 4.5-times multiple and returned $299m in cash.
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