Tencor Securities is a leading independent broker in Central Asia, licensed for brokerage and dealing activities, with direct access to international markets through major Western brokers and investment banks.
Tencor Securities (formerly Tengri Partners Investment Banking, originally Visor Capital) has been a key player in Central Asian capital markets since 2004. Over two decades, the company has advised clients on more than 25 successful deals in local and global capital markets, as well as M&A transactions across various economic sectors.
In 2016, Visor Capital was acquired by Tengri Partners with subsequent rebranding and an updated development strategy. Since 2019, the company has facilitated over $3 billion in deal volume, including landmark placements for EBRD, ADB, IFC, and major Kazakhstani corporates.
In 2025, the company was rebranded as Tencor Securities, continuing its mission as the leading independent broker in Central Asia with a diversified business profile, direct international market access, and a broad product range serving institutional, corporate, and private clients.
Founded as Visor Capital, advising Kazakhstani clients on key transactions in local and international capital markets
Acquired by Tengri Partners with subsequent rebranding and updated development strategy
EBRD $1 billion debut bonds on local market; multiple development finance institution placements
ADB green and gender bonds; continued expansion of international partnerships
EBRD $110M benchmark TONIA-linked bonds; ICD debut sukuk issuance; exceeded $3B cumulative deal volume
Rebranded as Tencor Securities, continuing as the leading independent broker in Central Asia
The principles that guide every decision we make
We operate with the highest ethical standards, maintaining transparency and honesty in all our dealings.
We strive for excellence in every aspect of our work, from research to client service.
We embrace new technologies and methodologies to stay ahead in a dynamic market.
We build long-term relationships based on trust, mutual respect, and shared success.