Turkey Wealth Fund
Sovereign wealth fund of Turkey / From Wikipedia, the free encyclopedia
The Turkey Wealth Fund (TWF; Turkish: Türkiye Varlık Fonu, TVF) is a $33 billion[1] sovereign wealth fund founded in August 2016 owned by Government of Turkey. The fund is operated with "Strategic Investment Plan", which was approved by the Cabinet. Companies and assets formerly owned by state institutions, shall be eligible to be transferred to the fund and sub-funds shall be able to created if viewed appropriate.[2]
Quick Facts Native name, Industry ...
Native name | Türkiye Varlık Fonu |
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Industry | Sovereign wealth fund |
Founded | 26 August 2016; 7 years ago (2016-08-26) |
Headquarters | Ankara, Turkey |
Key people | Chairman: President Recep Tayyip Erdoğan CEO: Salim Arda Ermut |
Website | www |
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