10/19/2023

Investment Office Sponsors Globalturk Capital Conference in Istanbul

Organized by Globalturk Capital for the fifth consecutive year, the "Annual Executive Briefing on Private Capital in Türkiye and Environs" took place in Istanbul on October 19. The conference was held in partnership with the Global Private Capital Association (GPCA) and with the support and contributions of the Investment Office.

Attracting 45 investors from various countries who participated as panelists and speakers, the international event focused on the overview of private equity funds in Türkiye and the surrounding regions. This year, the conference featured eight panels covering a wide range of topics, where panels explored diverse areas such as new global investment strategies, alternative financing opportunities through private loans and fintech instruments, technology VC investments, growing corporate VC investments both in Türkiye and abroad, opportunities for companies to go public on Borsa Istanbul, and cross-border investment prospects in Türkiye, North Africa, the Middle East, and Eurasia.

During the conference's opening, Türkiye Vice President Cevdet Yılmaz, Investment Office President A. Burak Dağlıoğlu, as well as Globalturk Capital Founder and Managing Partner, GPCA Central and Eastern Europe Leadership Council Member and Türkiye Representative Barış Öney delivered speeches.

Taking the floor, Vice President Cevdet Yılmaz stated, "Investment Office and Finance Office, as our solution-oriented institutions and other relevant institutions, are always ready to provide support to investors at every stage of an investment journey. With the strong and visionary leadership of President Recep Tayyip Erdoğan, Türkiye will continue to attract significant investment as a hub of international trade, logistics and supply chain and its value proposition."

In his remarks, Dağlıoğlu underscored that Türkiye has emerged as a hub for production, research and development, and logistics. He expressed his ambition to position Türkiye as a global powerhouse as it embarks on its second century under the leadership of President Recep Tayyip Erdogan. Dağlıoğlu extended a warm invitation to global investors, stating, "We refer to this period as the Türkiye Century. Our aim is to become one of the world's top 10 economies, and we invite global investors to capitalize on the favorable investment conditions our country offers."

Barış Öney stated, “Approximately 60 percent of the FDI portfolio in Türkiye consists of investments of private equity funds and companies managed by private equity funds. Therefore, it is always of great importance for emerging economies such as Türkiye to be on the radar of such funds." Öney expressed gratitude to the institutions and organizations that contributed to the conference, particularly acknowledging the Investment Office.

The founder of Globalturk further emphasized that Türkiye offers abundant investment opportunities with numerous exit possibilities. "As Türkiye, and with the entrepreneurial spirit, we keep starting hundreds of new companies every day, and they become investable latest in the first 5 years. For private capital, there are no limitations on sectors to explore," Öney stated. He highlighted Türkiye's status as the largest export-oriented industrial base, a leader in healthcare, pharmaceuticals, telecommunications, banking, financial and business services, e-commerce, and its recent emergence as a tech hub in various fields, including Fin-Tech and gaming.
" src=
Türkiye; Investment Office; Globalturk Capital; Global Private Capital Association; Resilient Partner; Private Equity; Venture Capital