According to IFC website, the project consists of an equity investment of up to USD30 million in Actera Partners III L.P., a generalist, closed-end private equity fund domiciled in Jersey. Fund will invest in mid-market growth capital/buyout transactions in Turkey.
- Stakeholder: Access to growth capital for Fund investees: The Fund, while maintaining a generalist strategy, will provide access to much needed long-term equity capital for mid-market companies in Turkey.
- Stakeholder: Increased Investee Growth: IFC expects the Fund to help in knowledge transfer and bring operational value-add to its investees.
Contribution to Market Creation
- Competitiveness: The project is expected to increase PE market activity in Turkey by demonstrating the viability of PE investments given the challenging fundraising environment.
- Integration: (i) Through the capacity building activities of the Fund, the project will help investee companies expand their businesses abroad, promoting greater market integration. (ii) Actera III will expand access to private capital through introducing new institutional investors to Turkey.
Actera Group Limited (“Actera”), a Jersey limited liability company acting as investment adviser to funds focused on investing in Turkey.
CFO, Actera Group
+90 (216) 516 0100
Kuleli Cd. No:43A 34684 Cengelkoy, Istanbul - Turkey
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