Institutional access to Iranian capital markets

Amtelon Capital is a specialist asset manager with a live track record since 2017. We provide direct access to listed Iranian equities through an institutional-grade operating platform.

Track record since 2017 Direct access to listed equities Compliance-first platform

Direct access, available today

Iranan's listed market is large and structurally inefficient, yet practical access remains limited for global institutions. Amtelon provides direct access to listed Iranian equities today, supported by governance, controls, and reporting designed for professional investors.

To our knowledge, Amtelon is the only foreign institutional asset manager with an institutional-grade platform that provides direct access to Iranian listed equities now.

Built through the cycle

Our track record began in 2017 and spans multiple sanctions regimes, FX dislocations, and shifts in risk appetite. The operating model was developed in live conditions and refined across volatility.

About Amtelon Capital

Amtelon stands for Amsterdam, Tehran, London. The team and operations are structured across these centres to combine global investor coverage with local market understanding.

The operating platform is designed for professional investors, with governance, reporting and risk frameworks that reflect the requirements of institutions and family offices across four continents.

Amsterdam Investor coverage & governance
Tehran On-the-ground research & execution
London Global financial centre connectivity

Investing across non-sanctioned industries

The listed equity strategy invests across non-sanctioned industries, based on bottom-up research and portfolio construction. Exposures are screened for eligibility and monitored over time.

Petrochemicals Pharmaceuticals Consumer staples Financial infrastructure Ecommerce and platforms

Eligibility is subject to sanctions screening and ongoing monitoring.

Compliance-first, counsel-led

Sanctions compliance is embedded in the investment process, from idea selection to ongoing monitoring. Governance oversight supports consistent application of controls. We work with external legal advisors in Washington, Amsterdam, and Paris.

Embedded in the process

Eligibility checks, watchlists, and ongoing monitoring are integrated into research and portfolio construction.

External legal advisors

Counsel in Washington, Amsterdam and Paris provide guidance on evolving sanctions regimes and investor requirements.

Governance oversight

Documented policies, committee oversight, and reporting designed for professional investors.

A public record of market expertise

The founder and CIO is a frequent commentator on Iranian markets and has been quoted and interviewed by leading financial media and investing podcasts.

Selected media and podcasts

TEDPIX in USD, with transparent methodology

Amtelon publishes a TEDPIX in USD series with stated assumptions and downloadable data, designed as a public utility for investors and analysts.

Global investor base

Amtelon works with professional investors across four continents, including family offices and institutions.

Contact us

For institutional and professional investor enquiries, please contact us. Information packs and due diligence materials are provided on request.

  • Email: contact@amteloncapital.com
  • Address:
    Kingsfordweg 151
    Amsterdam 1043GR
    The Netherlands