The Independent Private Venture Capital Investment Fund, created exclusively for MÜSİAD members through the cooperation of MÜSİAD and Hedef Portföy in order to support Türkiye’s entrepreneurship ecosystem and to back ventures with growth potential, was announced with a Gong Ceremony held at Borsa İstanbul.
Borsa İstanbul A.Ş. General Manager Korkmaz Ergun, MÜSİAD President Mahmut Asmalı and the members of the Board of Directors, together with Hedef Holding Chairman of the Board Namık Kemal Gökalp and Hedef Portföy General Manager and Board Member Ercan Güner, attended the Gong Ceremony of the Independent Private Venture Capital Investment Fund established through the partnership of MÜSİAD and Hedef Portföy A.Ş.
“We are excited and proud”
Speaking at the gong ceremony of the Independent Private Venture Capital Investment Fund, MÜSİAD President Mahmut Asmalı said: “The work we launched in line with the long-standing demand from our members has been completed. This fund, created with the capital collected, means investing in Türkiye’s future. Today, as MÜSİAD, we are very excited and proud. Praise be to God, we have completed a fine piece of work and now it is time to reap its fruits.”
Asmalı continued his remarks as follows:
“We are delighted to announce that the Independent Private Venture Capital Investment Fund, whose units are sold only to the members of our association, has begun trading. In this fund, in which MÜSİAD members combine their capital, we will include significant ventures with the potential for rapid growth and value creation. As is known, MÜSİAD has a very great potential. With the strong network it has built at home and abroad, it is in a position to reach many places. Our expert teams will examine these investment areas, which comprise many sectors, and announce them to our investors. With this fund, whose activities and working system have been prepared in line with the principles of Participation Finance, we aim to combine our members’ capital and establish large investments. As MÜSİAD, we will enable investment in ventures and bring the returns obtained from the investments to the investors themselves. As we said when we started this work, we will walk towards a joint and sound commercial goal with both our investor members and our entrepreneur members. I believe that this investment fund, which we have established with our own capital in an environment where access to finance is difficult, will continue to develop and grow much further with the investments it will make and the support it gives to young people. May our venture capital investment fund be auspicious for our country and for our MÜSİAD.”
We will continue to be a pioneer and to support entrepreneurs
Making a statement about the Independent Private Venture Capital Investment Fund created exclusively for MÜSİAD members, Hedef Holding Chairman of the Board Namık Kemal Gökalp said, “As a result of the shared vision of MÜSİAD and Hedef Portföy, we have undertaken this project in order to support the entrepreneurship ecosystem and to pave the way for new entrepreneurs. We will continue to be a pioneer and to support entrepreneurs. On behalf of my institution, I thank the MÜSİAD family for the collaborations. Our aim is to create added value in Turkish industry and the business world. With the Independent Private Venture Capital Investment Fund that we have created together with MÜSİAD, we will build Türkiye’s future together by bringing together ventures and investors in different sectors that will produce successful results,” he said.
MÜSİAD, which has more than 14,000 members, aims through the Independent Private Venture Capital Investment Fund to provide financial support to entrepreneurs, to create cooperation opportunities and to offer sound investment possibilities. The fund aims to invest in ventures with potential that operate especially in technology, innovation, energy, health, education and many other sectors.
This fund also adopts the mission of contributing to Türkiye’s economic growth and revealing new business opportunities, and of increasing Türkiye’s competitiveness in the international market by encouraging the spirit of entrepreneurship and innovation.
