Global Investment Holdings’ Board of Directors resolved and declared the issuance of 100 million new shares at TL2.45 per share, to be fully subscribed by F.A.B Partners LP (F.A.B.). The transaction is subject to certain regulatory approvals including Capital Markets Board.
 
FAB partners is an asset management firm backed by large global strategic investors including Qatar Royal Family and Sotbank. It is founded by ex-Goldman partner Dalinc Ariburnu and his former colleagues. In August 2016, with the backing of Qatar Royal family, FAB acquired CIFC, a New York based U.S. asset manager which manages USD 14 bn of assets. In October 2016, FAB advised and announced the largest fund ever raised in history, the USD 100 bn “Softbank  Vision Fund”. Last month, FAB arranged the acquisition of Fortress together with Softbank. Fortress is US based asset manager which manages USD 70 bn of assets globally.
FAB focuses on long term investments in finance, technology, hospitality, infrastructure and commodities industries.
 
The investment by F.A.B. affirms the trust in the future of Turkey and Global Investment Holdings, and this capital injection will further accelerate Global Investment Holding’s growth in Turkey as well the rest of the world as a global investor in infrastructure and energy.

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