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INVESTMENTS IN TURKEY
METIN AR
GARANTI SECURITIES
President and CEO
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Agenda
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What is Private Equity ?
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Investment Areas
p Development/ Expansion Capital
p M&A Financing
p Corporate Restructuring
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Investment Criteria
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Exit Options
pInitial Public Offering
pStrategic Sale
pFinancial Sale
pSale to Owner/Manager
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Advantages of a Private Equity Financing
p Additional management expertise
p Confidentiality
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Private Equity Investments in Turkey
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Major Players in Private Equity Market
p AIG
p Anatolia Capital Partners
p Bank of America/Caisse /ADIA
p Citicorp
p Commercial Bank of Greece
p EMEA
p Merrill Lynch
p Nomura
p Safran
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Some Private Equity Investments in
Turkey
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Some Private Equity Investments in
Turkey
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Some Private Equity Investments in Turkey
BIM TERMOTEKNIK
p ML Invested in BIM p ML purchased 40% of the
supermarket chain with a company in 1997
15% stake in 1999, later p Termoteknik used the
joined by Bank of America fund to restructure its
financial position
p The investment is exited
through a strategic sale to
a British Group
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Some Private Equity Investments in Turkey
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Some Private Equity Investments in Turkey
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Some Private Equity Investments in Turkey
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Other Investments
p Citicorp invested in 7.33% of Merko Gida, a producer of
tomato paste in 1999 for $2.4 million $US
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