Globalturk Capital and SEAF to Support Turkish SMEs (CEE and CIS)

Source: GlobalTurk Capital, Private Equity International  |  Author: Matthieu Favas

Turkish investment management and advisory services firm GlobalTurk Capital has established a partnership with early stage emerging markets private equity investor Small Enterprise Assistance Fund (SEAF) to explore investment opportunities in Turkish small- and medium-sized enterprises (SMEs). The two firms will reportedly jointly raise a private equity fund focused on Turkish companies that have growth strategies in and beyond Turkey. The fund will be targeting US$75 million in capital commitments, with interim funding drawn from SEAF’s existing vehicles.