Global private equity funds eye Turkish market for long-term investments

Türkiye has entered a “10-year investable cycle,” attracting renewed interest from private equity funds, including European and U.S.-based investors, after seven years of limited activity, according to Baris Oney, managing partner of Globalturk Capital, a Türkiye-based investment advisory firm.

Speaking to the business-focused dunya.com, Oney recalled that during Türkiye’s 10% growth period in 2010-2011, the country attracted global investors, witnessing significant interest from foreign direct investors and private equity funds. He now anticipates the beginning of a second wave of investments.

“I expect capital to start flowing again by 2026-2027. In fact, from the second half of 2025 onwards, with credit rating upgrades, we anticipate new funds entering the market and existing funds increasing their investments,” he said.

Private equity funds to convene in London for Türkiye

Oney highlighted that declining interest rates in the U.S. and improving legal frameworks in emerging markets support this investment outlook. He noted that private equity funds would likely prioritize sectors such as export-driven industries, digital transformation, software, e-commerce, technology, renewable energy, and health care.

However, he emphasized that for this outlook to materialize, foreign exchange rates must remain predictable.

Since 2015, Globalturk Capital has been organizing events focused on foreign private equity funds in Türkiye. On Feb. 27, the company will host a conference in London, U.K., bringing together global private equity funds.

The event will feature high-profile attendees from Türkiye, including Vice President Cevdet Yilmaz, Minister of Industry and Technology Fatih Kacir, and Burak Daglioglu, head of the Investment Office of the Presidency of Türkiye.

Additionally, government officials from the U.K., as well as the deputy chair of the London Stock Exchange, are expected to attend.