Globalturk Capital, who has provided pre investment management services to Blippar prior to their entry to Turkey, continues with their support during the post-investment phase as well. Ambarish Mitra just revealed Blippar’s next-generation app at TechCrunch Disrupt London 2015. By just pointing the app at everyday objects, the app identifies ...
Read More »Certainty Returns in Turkey Post-Election as Local PE Looks to Two Busy Years Ahead | AltAssets.net
Last weekend’s election result is good news for the Turkish market as it brings much needed stability as local private equity prepares for two exit-packed years, Globalturk Capital’s managing partner Baris Oney told AltAssets. He said, “We just had a General Election last Sunday with a big surprise to all ...
Read More »Barış Öney, Re-elected to the DEIK-TAIK Executive Committee and to TUBISAD’s Board of Directors
Foreign Economic Relations Board (DEIK)’s Turkey – US Business Council (TAIK) and The Information and Communication Technologies Association of Turkey (TUBISAD) held their general assembly meetings recently. Barış Öney was re-elected to the TAIK Executive Committee and to TUBISAD’s Board of Directors. Globalturk Capital’s founding and managing partner Barış Öney ...
Read More »It Depends on 150 Turkish Companies for New Private Equity Funds to Invest in Turkey
For PE Funds to continue their investments in Turkey, much depends on their successful exits from around 150 companies between 2015-2017, which the funds have made their investments into these companies some more than 4 years ago. Private Equity Funds exited from around 20% of 200 investments to date, which ...
Read More »Private Pension (Retirement) Funds in Turkey Should Be Able to Invest in Private Equity
For the past 7 years, USD 130 billion FDI capital has landed in Turkey and USD 15 billion of these investments were made by Private Equity Funds. Over 200 Turkish companies received capital from these funds. Even though there were 25 investments in 2013, this number dropped to 13 as ...
Read More »How Can Private Equity Funds Flourish in Turkey?
Private Equity Funds fill an important gap in Turkey. There are around 20 Private Equity Fund Managers who have operating bases in Turkey and an additional 40 plus, who explore investment opportunities and invest from abroad. Private Equity Funds are currently investing in companies with a ticket size of USD ...
Read More »What Differentiates Globalturk Capital from Others?
Most Turkish companies are not ready to take investment from or partner with foreign direct investors. If we leave apart the top 1000, the remaining 500,000 plus companies have difficulty fulfilling prerequisites needed to receive foreign investments. As Globalturk Capital, we start a long journey with companies who lack such ...
Read More »Private Equity Funds Continue to Invest in Turkey
In the last 10 years, Turkey has gone through major macro developments. Most of the recent political and economic uncertainties faded away after the local and Presidential elections. However the impact of such matters have less value on the investor’s eyes than positives Turkey bears in relatively to other countries. ...
Read More »Which Countries Will the Private Equity Funds Change Their Directions to?
Various political problems are emerging in different parts of the world. The issue of the Southern China Sea tensions between China and Vietnam is resurfacing. The Southern China Sea is a problem between China and Vietnam which dates back hundreds of years like the issue of Aegean Sea between Turkey ...
Read More »What Kind of Problems Do Private Equity Funds Face in Exits?
The most fundamental principle of Private Equity Funds is that the funds need to exit from their investments by selling their shares in 3 to 7 years. The exit methods are determined and agreed even before the investments are realized in the share purchase and shareholders agreements. There are 3 ...
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