Global Menkul Degerler, Istanbul, has formalized its joint venture partnership with IEG – Investment Banking Group, Berlin (Germany). This Joint Venture will incorporate under IEG-Global Kursumal Finansman Danışmanlık (“IEG-Global”) in Istanbul. IEG-Global will provide financial advisory services to all companies, including small and medium scale enterprises, on merger & acquisition, equity & debt financing and privatization transactions. IEG-Global will benefit from the long- established local know-how and international presence of both partners.

Istanbul – One of the largest brokerage houses and the leading capital market institution of Turkey, Global Menkul Değerler has concluded an agreement for establishing a joint venture partnership with IEG – Investment Banking Group, one of the leading international investment banking advisory companies in Europe. The joint venture, which will be initiated with the signing ceremony, will provide three principal business units; namely, “Mergers & Acquisitions”, “Financings” and “Financial Strategy”; e.g. professional advisory services for merger, acquisition, debt financing, financial structuring and privatization transactions. The joint venture will focus on small and medium sized enterprises and aims to undertake an important mission in this area through the Growing Companies Market (GIP) stock market segment.

Joint venture of equal & complementary partners

The capital structure of IEG-Global will be a 50-50% joint ownership. Mehmet Sağıroğlu, who has successfully executed a variety of complex investment banking deals over the last 20 years, will be the General Manager. The leading position and expertise of Global Menkul Değerler in the Turkish capital market and the international presence of IEG – Investment Banking Group will create a powerful combination to capture the huge potential of the Turkish corporate finance market. In addition, IEG – Investment Banking Group will enhance know-how transfer to and support human resources for the joint venture in Turkey.

Local know-how, international reach

IEG has 10 offices throughout the world located in Asia, Africa, South America and Europe and will further explore growth opportunities in new international markets with Global Menkul Değerler. The joint venture targets countries with growth potential and plans to open branches at Asia, Gulf countries, South America and the western coast of USA. IEG-Global aims to become the No. 1 corporate finance house in Turkey.

Further focus on new and growth emerging growth markets

IEG-Investment Banking Group is an independent and international investment banking house with a focus on small and medium-sized transactions. IEG’s services include advisory on mergers & acquisitions, financing and financial strategy as well as the placement of equity, debt and hybrid capital. IEG is headquartered in Berlin with branches and associated offices in Amsterdam, Buenos Aires, Istanbul, Mumbai, Sao Paulo, Shanghai, Tunis, Warsaw and Zurich. IEG’s execution team is composed of 125 multi-disciplined staff in Berlin and across the international offices. IEG was founded in 1999 and is owned by its professionals. Please also refer to www.ieg-banking.com.