Turkey
BC Partners looking to sell Migros
BC Partners has entered negotiations with potential buyers for its remaining stake in Turkish supermarket chain Migros, according to reports.
One Equity Partners considers Turkish chem business
One Equity Partners and the Turkish army pension fund Oyak have been bidding to buy a stake in Turkish chemicals firm Akdeniz Kimya, according to reports.
Turkey: Emerging from the MIST
Emerging from the MIST
CMS restructures UK & CEE private equity team
CMS Cameron McKenna has restructured the leadership of its private equity teams for the UK and Central and Eastern Europe.
Trilantic exits Istanbul Doors Group
Trilantic Capital Partners has sold its stake in Turkish restaurant operator Istanbul Doors Group to Dogus Group.
PineBridge’s Turkish investment issues bonds
Ulusal Faktoring AS, a Turkish non-bank financial services company, has closed its first domestic bond offering with Turkish corporates, high-net-worth individuals and a number of institutional investors subscribing to the TL 60m ($34m) private placement.
Turkey rises to the challenge
Turkey is slowly but surely establishing itself as a prominent market for private equity in Central and Eastern Europe along with Russia and Poland.
Virgin and Rusnano launch emerging markets fund
Virgin Group, Virgin Green Fund and Russian nanotechnology investor Rusnano Capital have launched an emerging markets fund with commitments exceeding $200m.
Mid Europa appoints Michelle Capiod to partner
CEE-focused private equity firm Mid Europa Partners has promoted Michelle Capiod to partner.
World Bank commits $15m to Mediterra Capital fund
Mediterra Capital Fund I has received a $15m commitment from World Bank's investment unit International Finance Corporation (IFC).
New Turkish firm Bosphera to launch first fund
Bosphera Private Equity, a Turkish GP that launched last year, is reportedly looking to hold a $100m first close for its maiden fund in the first quarter of 2013.
General Atlantic leads $44m round in Yemeksepeti.com
General Atlantic has acquired a minority stake in Turkish online food ordering business Yemeksepeti.com as part of a $44m funding round that also included Endeavor Catalyst.
212 leads round for Hemenkiralik.com
212 Ltd has led a funding round for Turkish online accommodation site Hemenkiralik.com.
Investcorp buys 30% of Turkish retailer Orka Group
Investcorp has taken a 30% stake in Orka Group, a Turkish retailer of high-end menswear.
Synergo to launch Turkish fund
Italian private equity house Synergo has signed an agreement with the Baykam family, founders of Turkish private equity firm Baykam Capital Partners, to launch a fund focused on investment in Turkish SMEs.
Carlyle acquires Turkish education provider
The Carlyle Group has acquired a 48% stake in Bahcesehir Koleji Education Group.
3TS Capital Partners backs eCift.com
CEE growth capital investor 3TS Capital Partners and fund-of-funds The Istanbul Venture Capital Initiative (iVCi) have invested €3m in Turkish dating website eCift.com.