Türkiye in the Economic Spotlight: Globalturk Capital Keeps the Focus on the Country’s Growing Status

A growing body of international luminaries, government ministers and experts are taking note of Türkiye’s rise in international economic affairs. 

Globalturk Capital has been promoting Türkiye as an FDI destination since it was founded by Barış Öney in 2011. 

The company has been helping multinationals to set-up joint ventures with Turkish companies, either in Türkiye or abroad.

Globalturk’s mission is explicit and detailed: “To globalise Türkiye by contributing positively to the country’s integration with the global world via assisting Turkish entrepreneurs and foreign strategic and private capital funds in their cross-border and global M&A and investment transactions.”

The company follows that to the letter, and has been organising events and round-tables in the sphere of international private capital since 2015. It has assisted businesses and investors in networking and achieving mutual collaboration as a non-profit service. These efforts continued online during the pandemic, and proved motivational for all concerned.

Globalturk Capital’s events and round-tables are held in association with global private capital associations, as well as public and private institutions and government bodies in Türkiye.

These institutions include New York-based Global Private Capital Association (GPCA, formerly EMPEA), whose members globally manage $2tn in assets. Also on the list are the London Stock Exchange, the Investment Office of the Presidency of the Republic of Türkiye, and the sponsors and supporters of prestigious multinational funds, large corporations, investors, service providers, and government and non-profit bodies and associations.

The president and vice-president of the Republic of Türkiye and senior ministers — including the Minister of Economy, and deputy ministers of Trade, Industry and Technology — have all attended the events. The UK’s Minister of State, Nusrat Ghani, participated in the most recent one in February 2024 in London. She made motivational comments on the valued nature of business relationships between UK and Türkiye.

Over 2,500 international private equity, private credit, venture capital funds (DFIs, LPs and GPs), as well as local corporate venture capital firms, family offices, banks, corporates and service providers, have also attended.

Comprehensive post-event reports have been shared with some 10,000 global private capital funds, investors and corporates through Globalturk Capital’s network, as well as via GPCA, the London Stock Exchange, the Türkiye President’s Investment Office, sponsors and supporters.

Those reports summarised the main messages and keynotes of the events — which helped the industry as the only source of private capital of its kind. They remain available on the Globalturk Capital website.

Globalturk Capital has, since 2015, given sustainable impetus to the promotion of Türkiye to the global private-capital community. No other private or international organisation has yet followed its lead.

GPCA assigned Globalturk Capital founder and managing partner Barış Öney to represent the organisation in Türkiye in 2017, and to promote the private-capital asset class — making him the first national representative of GPCA. He has been serving in this capacity ever since, and is an active member of the GPCA’s CEE Leadership Council.

Globalturk Capital has made an invaluable contribution to the State of Türkiye by providing greater understanding of the private-capital asset class. Öney’s efforts contribute to on-going regulatory framework studies to ease the investment environment for private capital.

Türkiye is not the only beneficiary; other countries and organisations have also been given a boost. Each year, representatives from the CEE, Ukraine, Caucasus, Asia and MENA regions have shown an interest.

Öney has been active in various international and local associations since 2003, promoting Turkish businesses in the US, UK, UAE, and Europe.

Lucky 13 for Globalturk Capital: Things Just Keep Getting Better 

Globalturk Capital is in its 13th year of operation — and with high-level relationships with the London Stock Exchange Group and GPCA (formerly EMPEA) it leads the way for the international business and investment community.

With an experienced team — the members have more than 100 years of collective experience under their belts — clients can rest assured of targeted help in successfully closing transactions.

Globalturk Capital’s expertise and international experience in strategic business development and growth has served it well. It structures financial plans for the any funding requirements. With its innovative approach and in-house systematic modelling system, it helps companies to finance growth via partnerships and long-term debt instruments.

“To assess your company for an acquisition and prepare for it, learn the true value of your company and complete the transaction,” says CEO Barış Öney.

Globalturk Capital takes a snapshot of a company, determines what needs to be done prior to the sale, and deploys the necessary actions. “You can learn what is needed to improve your company value,” says Öney, “and work towards closing a transaction with the right investor and an optimum share price.”

Globalturk Capital opens access to private equity and debt funds that invest in emerging markets through its business model. “To partner with a strategic foreign multinational will add know-how and international market reach for your business,” notes Öney.

Globalturk Capital provides introductions to leading multinational companies in various sectors, establishing partnerships with mutually beneficial goals.

Growth can come by acquiring companies in UK, Europe, US, Türkiye and emerging markets, or merging with them to diversify risks in business portfolios. The firm seeks targets relevant to client objectives, analysing and evaluating them to set up appropriate M&A approaches.

It also helps to find suitable funding to realise acquisitions — in Türkiye and beyond. Globalturk Capital’s international experience and inclusive network helps to raise capital and/or debt from local and global sources to achieve acquisition goals.

“With Globalturk Capital, you can also resolve conflicts between shareholders during M&A transactions,” says Öney, “either between family members or partners. You can further manage conflicts between founding shareholders and foreign strategic and private equity investors by managing expectations and avoid unpleasant outcomes post-investment.”

Öney further points out “we also manage exit processes, which require a much more delicate handling than the standard M&A process.”