• Turkish Wealth Fund
  • March 15, 2017 | Author: Halil Ercüment Erdem
  • Law Firm: Erdem & Erdem Law Office - Istanbul Office
  • Pursuant to the Law on the Establishment of the Turkish Wealth Fund Management Joint Stock Company and on the Amendment of Certain Laws numbered 67411 ("Law No. 6741"), the purpose of the Wealth Fund is to contribute to the variety and to the depth of tools in the capital markets, to bring domestic public assets into the economy, to provide external resources, and to take part in strategic and large-scale investments. In this Newsletter article, the establishment and the characteristics of the Wealth Fund are analyzed.