# PASHA Investments

PASHA Investments is a Private Equity based in Baku, Azerbaijan.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Baku, Azerbaijan
- **Region:** Asia
- **Address:** Baku, Azerbaijan
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** pashainvestments.az
- **LinkedIn:** https://www.linkedin.com/company/pashainvestments

## Regulatory record

- **Reports private funds:** No

## About

PASHA Investments is a private equity company focusing on growth capital investments in mid-cap companies in Azerbaijan, Georgia, and Turkey. It is part of PASHA Group, a large investment holding based in Azerbaijan. The firm seeks out companies with growth potential and supports their further development and expansion.

## People

- Ulvi Baghirov — CEO / Chief Executive Officer
- Elnur Badalov — Investment Director
- Fikret Adigozalov — Portfolio Operations Director
- Mukhtar Garayev — Investment Manager
- Fuad Abdullayev — Associate Investment Manager
- Yunis Tapdigli — Senior financial analyst
- Kanan Madatli — Legal Manager

## Questions

### Which geographic markets does PASHA Investments target?

The firm explicitly targets mid-cap businesses in Azerbaijan, Georgia, and Turkey, a corridor linking a large emerging market with smaller frontier economies. This three-country focus differentiates it from funds that cover broader Central Asia or Eastern Europe mandates.

## Related profiles

- [Pascual Innoventures](https://altss.com/profile/pascual-innoventures)
- [Pashman Financial](https://altss.com/profile/pashman-financial)

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Last updated: 2026-08-11T15:07:41.444Z

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