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 and owned by the Government of Turkey. The fund is operated with a "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 be created if viewed appropriately.[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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