EBRD backs growth in Turkiye with equity investment
Turkey, March 18 -- The European Bank for Reconstruction and Development (EBRD) is committing US$ 40 million (€34.5 million) to Templeton Turkiye Fund II (TTF II) to fund equity investments in mid?cap companies in Turkiye.The fund is targeting US$ 300 million (€258.8 million) in total commitments and will invest across a range of sectors, with a focus on companies demonstrating strong growth potential, robust business and technology fundamentals, and scalable models. The partnership aims to support the expansion, competitiveness and long?term development of mid-cap companies.Templeton Turkiye is an existing EBRD client with a proven track record of portfolio value creation and exit realisation, operating as an independent team w...
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