İş Private Equity Information

İş Private Equity is a capital market institution linking entrepreneurs to the capital markets and aims to support high-growth potential SMEs during their development, enabling them to surpass their capital requirement. The idea of establishing a private equity fund under the umbrella of the İşbank Group was first put on the agenda in 1999. In June 2000, İş Private Equity Investment Trust applied to the Capital Markets Board to be approved as a venture investment trust. Subsequently, on October 5, 2000 the CMB approved the application and İş Private Equity Investment Trust began operations. Advisory support during the establishment of İş Private Equity was given by the World Bank. As of October 2004, 37.69% stake of İş Private Equity went public on Istanbul Stock Exchange at US$ 57.78 million market capitalization. As of December 2013, İş Private Equity had invested US$112.3 million of equity in its portfolio companies and also supported US$344.9 million of debt placement, creating resources of a total of US$457.2 million. İş Private Equity has got 26.46% IRR (Internal Rate of Return) on USD Basis from 11 exits.