Powerhut is is an advisory business led by Michael Carter serving businesses in Central Asia
Michael Carter
Experience Michael has over 30 years experience in Capital Markets, Private Equity and Management Consulting. He was based in Kazakhstan from 2007 until 2016, and joined Powerhut in 2012. He has been based in Vienna since 2016. He is member of the Board of Directors of: Sturgeon Capital Funds (Sturgeon Central Asia Equities UCITS). In the past he was a Board Member of Chagala Group (LSE listed specialist service and facility provider operating in Kazakhstan), Delupe A/S (Denmark based online product and price comparison site), Sturgeon Central Asia Balanced Fund, Sturgeon Central Asia Fund and the American Chamber of Commerce in Kazakhstan. From 2007 to 2011, Michael worked at Visor Capital in Kazakhstan, initially to manage the creation of what is now the leading Research team covering Central Asia, and from October 2008 as the firm’s CEO. Prior to Visor, he was at ING Bank, where he was Head of Equity and Head of Research in Italy. From 1995 to 2001, he was part of top-ranked Research teams at UBS, both in London and Milan. His research experience has been in the oil, oil service, transportation and industrial sectors and he has been involved in a number of privatizations and IPOs in Europe. He also worked as a management consultant at Bain & Company in Italy where he managed strategic consulting projects in the oil, oilfield services, telecom and media sectors and as an associate at the Energy Recovery Fund, an oil & gas and oilfield services focused private equity fund in the USA. Michael holds a BA with Honors from U.C. Berkeley and an MBA from Georgetown University. He speaks English, Italian, French and Spanish fluently, and some Russian.
Expertise Central Asia - with over seven years of professional experience in Kazakhstan and the region, Michael has a deep understanding of doing business in the region, and of the key success factors for companies and investors in these frontier markets. People, as partners or employees, are always a key determinant to success, and this element is paramount in this region.
Consulting - Strategic Analysis, Market Analysis, Due Diligence, Operational Audit, Process Optimisation, Business Planning, New Business Evaluation, Restructuring.
Sectors - Oil & Gas, Oilfield services, Banking, Real Estate, Building Materials, Transportation, Logistics.