Actus Asset Management received “Most Creative Capital Market Project Special Award” from Turkish Capital Market Association with Gaziantep Integrated Health Campus Private Equity Fund.

Mr. Barış Hocaoğlu, the General Manager, of Actus Asset Management, said “Actus, Gaziantep PPP Fund, is the first venture fund within the regulation of Turkish Capital Market Association, to finance an infrastructure project. Thus, the first fund with shares allocated to foreign investors with our partners in this project KDB Kiamco, infrastructure asset management arm of Korean Development Bank with a term of 29 years, longest term, has been realized.” Mr. Hocaoğlu continued his statement “Through our project, we presented a new fund model to Turkey which will be an example for starting new funds. We will continue with our goal of becoming the biggest independent asset management company and to support new projects that will be an inspiration in our country.

3rd Capital Market Awards, organized by Turkish Capital Market Association, were given in a ceremony attended by Deputy Prime Minister, Hon. Mehmet Şimşek. During the ceremony, Actus Asset Management, a subsidiary of Global Investment Holding, received the Most Creative Capital Market Project Special Award. Through Gaziantep Integrated Health Campus Private Equity Fund, which was founded in 2017, there were a lot of firsts in Turkish capital markets.

Mr. Hocaoğlu, who received the award, said “This is the first private equity fund that was founded within the Capital Market Association’s regulations which finances an infrastructure. It is the first fund with shares allocated to foreign investors with a term of 29 years, the longest term. The fund was able to contribute to close the finance of the project, by enabling an equity finance of EUR 600 million investment.” Mr. Hocaoğlu also called attention to the fact that it is the first time a fund, founded in Turkey and subjected to the regulations of Turkish Capital Market Association, was registered abroad. He went on to say “The fund is registered by Financial Supervisory Services (FSS) Korea. The fund is registered in both countries.

We presented a new model of investment

Hocaoğlu said “With our project, we presented a new model of investment in Turkey, that can help other funds to launch. We will continue with our goal of becoming the biggest independent asset management company and to support new projects that will be inspiration in our country.

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