Joint-stock company since 2017 ISIN KZ1C00001528 Republic of Kazakhstan
Sattilik Legal Assets Engineering

Transforming legal assets into an institutional asset class

Sattilik Invest Holding JSC is the institutional carrier of the SLAE methodology — a proprietary framework for working with legal assets that combines deep expertise in Kazakhstani law with financial-engineering approaches. The methodology forms the complete lifecycle of a legal asset: from identification and structuring through to tokenisation and secondary-market circulation.

Target capital raise USD 5–50 million
KZT 2.5–25 billion
Target audience Institutional and
qualified private partners
Stage Full-scale methodology rollout
following rights consolidation
Why SLAE

Six characteristics that define institutional value

SLAE represents a rare combination of methodological novelty, jurisdictional relevance, and a ready institutional carrier.

01

A methodology, not a service

Legal services scale linearly. The SLAE methodology scales institutionally. This is the difference between a law firm and a reproducible system for working with legal assets — a system capable of processing any volume of projects with predictable effectiveness.

02

A jurisdiction of historic opportunity

The aggregate volume of non-performing loans held by tier-2 banks and microfinance organisations in the Republic of Kazakhstan amounts to trillions of tenge. This is a market of immense scale that lacks dedicated institutional infrastructure. SLAE is built to provide that infrastructure.

03

Synthesis of law and financial engineering

The methodology unites deep expertise in Kazakhstani substantive and procedural law with the disciplines of asset securitisation and structuring — a rare combination of competencies at whose intersection a new class of instruments becomes possible.

04

Built-in scalability through tokenisation

Unlike conventional distressed-debt methodologies, SLAE is architected for the digital era. Tokenisation and secondary-market workstreams are embedded in the methodology’s core structure from inception.

05

A ready institutional carrier

The methodology is implemented through a joint-stock company with a registered share issue (NBK Certificate No. А6050) and an international ISIN identifier. The institutional form is historically compatible with capital of any scale.

06

A concentrated authorial expertise

The author of the methodology is a lawyer with over 30 years of practice and a documented record of more than 500 successfully litigated cases across all court instances of the Republic of Kazakhstan. The methodology is crystallised from real practice, not from theory.

SLAE Methodology

Sattilik Legal Assets Engineering

A systemic methodological approach to working with legal assets — rights, claims, juridical positions and procedural constructions that hold economic value and are amenable to capitalisation within the framework of Kazakhstani law.

SLAE is not a service. It is a system. Legal services scale linearly. The SLAE methodology scales institutionally. This is the difference between a law firm and a financial instrument.

Murat O. Bilalov General Director, Principal Shareholder, Author of the SLAE Methodology

Three maturity tiers

SLAE 1.0

Foundational concept

Identification of legal assets and initial assessment of their potential. Analysis of the legal nature of a claim, evaluation of recovery prospects, formation of a juridical strategy. Single-project level.

SLAE 2.0

Systemic model

Structuring of legal-asset portfolios, professional juridical support of recovery procedures, coordinated handling of judicial and enforcement proceedings. Organisational level of systematic work.

SLAE 3.0

Institutional level

Scaling of the methodology to the level of sectoral infrastructure, integration with digital instruments, formation of a secondary market for legal assets. A systemic solution for an entire industry.

Five functional workstreams

SLAE-A1

Asset Capitalisation

Capitalisation of legal assets. Transformation of unstructured legal positions into accountable, valued and manageable assets.

SLAE-D1

Distressed Debt

Management of non-performing portfolios. Specialised work with NPL portfolios of Kazakhstani banks and microfinance organisations within strict legal parameters.

SLAE-T1

Tokenisation

Tokenisation of legal assets. Conversion of receivables into the form of digital accounting units pursuant to the Law of the Republic of Kazakhstan “On Digital Assets” of 6 February 2023.

SLAE-M1

Monetisation

Monetisation of digitised legal assets. Construction of realisation models with minimisation of legal, market and operational risks.

SLAE-S1

Secondary Market

Formation of a secondary market for legal assets. Infrastructure for circulation, assignment and liquidity of tokenised receivables.

Full cycle

Lifecycle integrity

The unique methodological achievement of SLAE is the coverage of the entire lifecycle of a legal asset — from initial identification to secondary-market circulation — within a single integrated system.

Economic model

Sattilik Invest Holding JSC applies the SLAE methodology to portfolios of receivables previously deemed non-performing or unrecoverable by their original creditors. Systemic legal analysis identifies, within such portfolios, the share of claims that — subject to a sound legal strategy and qualified procedural support — can be realised through the judicial and enforcement procedures provided for by the legislation of the Republic of Kazakhstan.

The difference between the acquisition price of a portfolio and the amounts actually recovered, net of operating and judicial costs, constitutes the economic result of the activity. The systemic and reproducible nature of the methodology enables institutional scaling of the model.

Information disclosure

The SLAE methodology constitutes a work protected by copyright pursuant to the Law of the Republic of Kazakhstan “On Copyright and Related Rights” of 10 June 1996, No. 6-I. The rights holder is Sattilik Invest Holding JSC. The description of the methodology presented on this site does not contain commercial secrets or know-how. In-depth disclosure of algorithms, valuation formulae, technological protocols and operational standards is provided exclusively under non-disclosure agreements with qualified counterparties.

Partners and investors

Strategic directions of cooperation

The SLAE methodology delivers a value proposition to five categories of counterparties — institutional and qualified private. For each category, a specific configuration of partnership is offered on an individual basis.

Public sector

Government bodies and development funds of Kazakhstan

Baiterek National Managing Holding JSC, Damu Entrepreneurship Development Fund JSC, Kazakhstan Sustainability Fund JSC, sector ministries and regional administrations.

  • Development of national infrastructure for distressed-debt resolution
  • Support for legal-tech and digitalisation of the financial-legal sector
  • Strengthening the resilience of the national financial system
  • Sector-wide reproducibility of the model
Banking sector

Tier-2 commercial banks

A solution to the chronic challenge of NPL portfolios — the immobilisation of capital and deterioration of regulatory ratios.

  • Capital release under NBK and ARDFM regulatory ratios
  • Recovery of value above traditional collection-agency pricing
  • Balance-sheet cleansing within strict legal parameters
  • Avoidance of the reputational risks of aggressive collection methods
Microfinance

Microfinance organisations

An industrial model for processing portfolios of small unrecovered claims — turning economically dormant assets into working capital through scale and standardisation.

  • Standardised procedural solutions
  • Applicable to portfolios containing thousands of small claims
  • Reduced unit cost per case
  • Transparent results for management reporting
Private sector

Qualified private partners

High-net-worth individuals, sole proprietors, limited liability partnerships and other commercial entities acting from their own funds for commercial purposes and capable of independently assessing the entrepreneurial risk.

  • Individual simple-partnership agreement (Articles 228–238 of the Civil Code of the RK)
  • Mandatory identification and NDA prior to disclosure of portfolio parameters
  • Individually negotiated participation terms
  • No mass public offering and no standardised “products”
International institutions

International financial institutions

Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), World Bank Group.

  • Direct alignment with legal-tech and NPL-resolution programmes
  • Support for financial inclusion and access to justice
  • Kazakhstan as a priority jurisdiction for Central Asia
  • Replicability of the model across the wider region following pilot validation
Investment profile

Capital structure and fundraising parameters

A transparent institutional structure, verifiable registration parameters and a clear use-of-proceeds model form the foundation for substantive institutional dialogue.

Issuer

Full legal name Sattilik Invest Holding JSC
BIN 170 140 031 155
Date of registration 30 January 2017
Jurisdiction Republic of Kazakhstan, Almaty

Share capital structure

Authorised shares 101,562,500 ordinary
Paid-up shares 11,804,115 ordinary
Par value KZT 3,200 per share
NBK certificate No. А6050 of 7 April 2017
ISIN KZ1C00001528
Principal shareholder M. O. Bilalov — over 90%

Strategic perspective

The placement of authorised but unpaid shares (approximately 89.76 million ordinary shares) is regarded as a strategic instrument for raising equity capital following the implementation of pilot projects and the demonstration of the methodology’s economic results. Any equity issuance would be carried out in compliance with the Law of the Republic of Kazakhstan “On the Securities Market” with full disclosure to the regulator and to investors.

Target capital raise

Horizon 12–24 months
Target range USD 5–50 million
KZT 2.5–25 billion
Format Institutional project

Primary instruments

Debt financing — credit facilities and targeted loans from tier-2 banks, development funds and international institutions.

Project financing — targeted financing for specific pilot and scalable projects within the SLAE methodology.

Equity financing — placement of authorised shares as a strategic perspective for subsequent stages of development.

Indicative use of proceeds

Indicative allocation of capital raised

  • Working capital for receivables-portfolio acquisition 60%
  • Technology infrastructure (SLAE platform) 15%
  • Team expansion and competence centre 10%
  • Operations and marketing 5%
  • Reserve fund (judicial costs and expert fees) 10%
SLAE · 001

Pilot project — demonstrating the methodology in practice

SLAE-001 is the practical validation of the SLAE 2.0 systemic model on a receivables portfolio. The objective of the project is not the mass attraction of funds from a wide audience, but the demonstration of the methodology’s viability and the formation of an evidentiary basis for subsequent institutional scaling.

Status Pre-launch preparation Rights consolidation and legal structuring
Legal structure Simple partnership Articles 228–238 of the Civil Code of the RK
Purpose Model demonstration Evidentiary basis for institutional dialogue

Specific portfolio parameters — volume of claims, number of cases, geographical distribution, procedural stages of work — are disclosed exclusively to qualified counterparties (both institutional and qualified private partners) that have entered into a non-disclosure agreement. This requirement reflects the protection of attorney-client privilege, the confidentiality of judicial proceedings and the personal data of parties to legal relationships under Kazakhstani law.

Legal notice

Information regarding the SLAE-001 project is provided for informational purposes only and does not constitute a public offer, advertising of investment services or a proposal to enter into a contract. Sattilik Invest Holding JSC does not provide investment-portfolio management services, is not an investment fund, does not hold a licence from the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market for brokerage, dealer or investment-portfolio management activities, and does not raise funds within the meaning of the special legislation on the securities market or on investment and venture funds. The website is not intended for processing applications from the general public; institutional enquiries are handled on an individual basis.

Documents and disclosure

Registration documents and corporate information

Sattilik Invest Holding JSC adheres to the principle of openness in respect of registration and corporate documents that constitute the public layer of institutional transparency. In-depth information and commercial materials are provided to qualified counterparties following the execution of a non-disclosure agreement.

Publicly available documents

Documents provided post-NDA

Full methodological description of SLAE

Valuation algorithms, technological protocols, operational standards

Available post-NDA

SLAE-001 portfolio parameters

Volume, cases, geography, procedural stages

Available post-NDA

Financial model and investment memorandum

Calculations, projections, transaction structure, use-of-proceeds plans

Available post-NDA
Disclosure principle

Publication of registration documents reflects the Company’s commitment to institutional transparency. Materials containing commercial secrets, know-how, elements of the SLAE methodology beyond the public layer, and detailed parameters of pilot and scalable projects are provided to qualified counterparties following the execution of a non-disclosure agreement and an assessment of substantive business interest.

Leadership

Concentrated authorial expertise

In Kazakh, «sattilik» means ‘good fortune’. In our practice, good fortune is not chance: it is the lawful outcome of correct legal work. Each step in the capitalisation of a legal asset must rest on a clear legal construct, not on the hope of a favourable coincidence. The entire SLAE methodology is built on this principle.

Murat O. Bilalov General Director, Sattilik Invest Holding JSC
Principal shareholder (over 90% of shares)
Author of the SLAE methodology · Legal counsel
Education Higher legal education
Professional experience Over 30 years in legal practice
Litigation record More than 500 cases successfully litigated across all instances of the RK
Specialisation Civil, corporate and procedural law
Contact

Institutional and qualified private enquiries

For institutional and qualified private enquiries — investment, partnership, regulatory — please use the contact channels below. Enquiries are processed on an individual basis following identification of the originating individual or organisation.

Telephone +7 707 733 6998
Registered address 050043, Republic of Kazakhstan,
Almaty, Bostandyk district,
Svezhest-1 gardening association, building 145
Corporate details Sattilik Invest Holding JSC
BIN 170 140 031 155
ISIN KZ1C00001528
Format of enquiries Investment and partnership enquiries should be submitted with full organisational details and the contact person’s confirmed authority.