The founders of "A&TM" were: ESVT "Elsis-Savdo", RCP "Elsis-Clearing", MC "Asia-Trust", PJSCB "HIFbank", CJSC "Forum-Molia", Alp Zhamol LLC, FIF "Sarmoyador", Demir-invest LLC, PCF Absidian, Institute of Nuclear Physics of the Academy of Sciences of the Republic of Uzbekistan, Komsat-Invest LLC.

At the initiative of AT&M, the International Issue Syndicate (IIS) was established, uniting more than 24 investment institutions of Uzbekistan and foreign countries, including the largest banks, insurance and investment companies of Uzbekistan.

For the first time in the history of Uzbekistan, IIS organized the issue and placement of corporate bonds for large enterprises of Uzbekistan.

As a result of the M&A transaction, 100% of AT&M shares were acquired by the British company Carthill Investment Ltd. The name of the company was changed to Carthill Capital LLC.

In 2003, on the initiative of Carthill Capital, the National Association of Investment Institutions was created, the first self-regulatory organization in the securities market of Uzbekistan, which included 14 largest professional participants in the securities market of Uzbekistan.

As a result of the Management Buyout transaction, the entire stake in Carthill Capital was acquired by the company's management from Carthill Investment Ltd.

The name of the company was changed to Ansher Capital LLC. Ansher Capital became the first investment banking company in Uzbekistan to operate according to Western standards with an impressive track record and pioneering deals.

In 2004, Ansher Capital, within the framework of IIS, successfully organized more than 10 issues of corporate bonds for issuers of Uzbekistan.

In the same year, Ansher Capital successfully completed its first deal in the banking sector, organized a syndicated loan for the gold mining company CJSC «Amantaytau Goldfields» from a number of commercial banks such as UzDEUbank, Uzpromstroybank and others.

The process of forming Ansher Group of Companies began by establishing partnerships in investment companies from Russia, Kazakhstan, Georgia, Sweden, Switzerland, Great Britain, USA, Singapore, China and its expansion of the capital markets of Central Asian countries.

Ansher Securities brokerage company was established.

Ansher Securities became the only company in Central Asia to be an exclusive member of the Auerbach Grayson brokerage house (New York, USA). This made it possible to attract portfolio investors from the United States and European countries to the securities market of Uzbekistan and other Central Asian countries.

As a reward for its achievements, Ansher Capital won the Euromoney Awards of Excellence in the category “Best Investment Bank in Uzbekistan in 2004”.

Also, in 2004, Ansher Capital was recognized as the "Best Investment Consultant in Uzbekistan" by the Center for Coordination and Control over the Securities Market and the National Association of Investment Institutions.

Ansher Trading was established to conduct trade operations for the needs of the Ansher Group of Companies and the companies in its investment portfolio in Uzbekistan.

Due to successfully completed securities deals in Uzbekistan, Kazakhstan and Kyrgyzstan, Ansher Capital won the Euromoney Awards of Excellence in the category “Best Investment Bank in Central Asia in 2005”.

Also, in 2005, Ansher Capital was recognized as the "Best Investment Advisor in Uzbekistan" by the Center for Coordination and Control over the Securities Market and the National Association of Investment Institutions.

The second-level depository of Ansher Trust LLC was created, which began to provide depository services to a wide range of portfolio and strategic investors from Uzbekistan and foreign countries.

Ansher Trading was established in Moscow to conduct trading operations for the needs of the Ansher Group of Companies.

Ansher Fund Management Ltd is the first hedge and real estate fund management company with a mandate for Central Asian countries. Ansher Fund Management, through its offices in Grand Cayman, Tashkent, Zurich and Almaty, began to manage the Ansher family of investment funds, like the Ansher Regional Equity Fund (hedge fund) and Ansher Regional Property Fund (real estate fund).

Ansher Mining with offices in Tashkent and Navoi was established in March 2006 to develop a gypsum deposit in the Navoi region. The company was also engaged in exploration work in gold deposits in Uzbekistan, Kazakhstan and Kyrgyzstan.

Ansher Investments LLP was established as a holding company to manage the assets of the Ansher Group of Companies in Central Asia.

Ansher Capital Kazakhstan was established with the aim of attracting financing for clients from Kazakhstan.

Thanks to successfully completed securities deals in Uzbekistan and Kazakhstan, Ansher Capital won the Euromoney Awards of Excellence in the category “Best Investment Bank in Uzbekistan in 2006”.

Also, in 2006, Ansher Capital was recognized as the "Best Investment Consultant in Uzbekistan" by the Center for Coordination and Control over the Securities Market and the National Association of Investment Institutions.

Having gained a strong position in Central Asia, the Ansher Group of Companies actively began to expand its activities at the international level.

Subsidiaries and representative offices of the Ansher Group of Companies were established in North America, Europe, the Middle East and Asia.

Ansher Group AG was established in Zurich to develop the Ansher Group's business in Europe and introduce new types of services, as well as more efficient asset management in Europe.

Ansher Group of Companies established an investment company in Singapore to invest in projects in Asia and the Middle East.

A representative office in Dubai was opened in order to coordinate the activities of subsidiaries and investment funds of the Ansher Group of Companies for investing in the Dubai real estate market.

Thanks to successfully completed securities deals in Uzbekistan, Kazakhstan and Kyrgyzstan, Ansher Capital won the Euromoney Awards of Excellence in the category “Best Investment Bank in Central Asia in 2007”.

Ansher Real Estate LLC was established for the management of the real estate of the Ansher Group of Companies.

Ansher Finance LLP was established as the holding company for the management of the Ansher Group's assets in the United Arab Emirates and other Gulf countries.

Thanks to successfully completed securities deals in Uzbekistan, Ansher Capital won the Euromoney Awards of Excellence in the category “Best Investment Bank in Uzbekistan in 2008”.

Ansher Capital also won the EMEA Finance Awards of Excellence in the category "Best Investment Bank in Uzbekistan in 2008".

In order to coordinate the activities of subsidiaries and investment funds in Kazakhstan, a representative office of Ansher Holding Limited in Kazakhstan was established.

Ansher Capital Urumqi was established to provide investment banking services to companies located in the western provinces of China.

In order to coordinate the activities of subsidiaries and investment funds in China, a representative office of Ansher Holding Limited in China was established.

Ansher Capital has successfully completed a M&A deal for the sale of shares of one of the largest private banks in Uzbekistan to responsAbility AG (Switzerland).

For the first time in the history of Uzbekistan, Ansher Capital took part as a Co-Manager (as part of a syndicate with one of the oldest American banks) in a tender for the issue of Eurobonds for Uzavtomotors JSC, Uzmetkombinat JSC and others.

Ansher Capital took part as a Joint Bookrunner (as part of a syndicate with one of the oldest American banks) in the tender for the issue of Eurobonds for Uzbekneftegaz JSC and others.

For the first time in the history of Uzbekistan, Ansher Capital is participating as a Co-Manager (as part of a syndicate with a subsidiary of the Islamic Development Bank) in the Sukuk bond (Islamic financing) tender for Uzbekneftegaz JSC.