Kazakhstan Looks to Private Equity for Help With Its $93 Billion Cash Pile

``"We are sitting on a huge pile of cash and not making real returns," said Berik Otemurat, who organized the September dinner and who helps manage $800 million of the Kazakh Central Bank's reserves as chief executive officer of National Investment Corp. "It's especially urgent to address this, given the gloomy outlook for oil prices and reduced inflows into the National Fund." ''