Company Profile and Investment Strategy

Vision

We aim at creating strong regional/global companies engaged in strategic industries and supporting high technology-producing enterprises via the funds that we manage.

Mission

It is our prioritized mission to provide support to the structural transformation of our country in line with sustainable development priorities and create value both for our investors and for the portfolio companies with the help of the funds established by our experienced team.

Investment Strategy

Türkiye Development Fund (TDF) will focus on capital and structured finance investments for companies with high expansion potential.

Sectorial/Company Focus

  • Priority sectors in the development and critical technologies
  • Early-stage: focusing on the trends of the future by building close relations with the ecosystem
  • Growth stage: Companies that may particularly reduce the current deficit and raise the value-added exports

Investment Approach

Value creation approach:

  • Providing expansion capital (companies that work with the accurate business model but lack the capital needed for expansion and/or requiring balance sheet rehabilitation)
  • Solution of organization problems that occur due to 2nd/3rd generation change and/or managerial incompetence
  • Strategic support in the fields of management, operational productivity, institutionalization and resource utilization

Investment Criteria

  • Experienced and proficient management team/partners that adopt high ethical values
  • Determination of the investment exit strategy from the day zero
  • Cash-generating capacity/potential and high cash conversion ratio
  • Potential to be amongst the leading regional players with the help of new investments, procurement and consolidations
  • Managing the impacts of such risks as exchange rate, commodity, interest, regulation, etc. on the balance sheet and income growth

History

DECEMBER

Türkiye Development Fund was officially founded

2019

JULY

Regional Development Fund was founded

2020

NOVEMBER

Development Venture Capital Portfolio Management Company was founded

DECEMBER

Technology and Innovation Fund was founded

MAY

Development Participation Venture Capital Investment Fund and Innovative and Advanced Technologies Participation Venture Capital Investment Fund were founded

2021

SEPTEMBER

Development and Investment Bank of Türkiye Capital Fund was founded

DECEMBER

Total capital under management exceeded 1.3 billion TRY

DECEMBER

Development ODTÜ TEKNOKENT VCIF was founded


Total capital under management exceeded 1.6 billion TRY

2022

OCTOBER

TÜBİTAK BIGG Fund was founded

2023

DECEMBER

Total capital under management exceeded 2.2 billion TRY