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Open Hedge Funds in Turkey

Open Hedge Funds in Turkey

Updated on Thursday 26th January 2023

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NameThe hedge funds are alternative investments available for businessmen or institutions with significant capital or assets. This kind of investment is intended to identify all market openings and uses diverse investment approaches. If you need additional information about how to open a hedge fund in Turkey, you can ask for help and legal assistance from our Turkish lawyers.
 
 
 

What you need to know about hedge funds in Turkey

 
 
The hedge funds are available in Turkey since 2008, with the Capital Markets Board authorization. It is good to know that there are certain rules before making any move, and here we mention that the hedge fund will first of all have relative price scheme based on the market indicator, in order to reduce the risk.
 
The hedge funds is a well-defined plan which is established in accordance with the CMB's requirements, with a minimum investment is YTL 1 million, around EUR 300,000. Our lawyers in Turkey can offer detailed information and assistance for all foreign investors who want to open a hedge fund in the country.
 
Interested in immigration to Turkey? Our recommendation is to contact our law office and benefit from the legal services offered in this regard. The visa and residence and work permit are the most important documents you need in this endeavor, and our specialists can provide you with support for obtaining them. We mention that citizens of approximately 78 countries do not need a visa to enter Turkey, so the resettlement process will be much simpler. Contact us to benefit from our personalized offers.
 

How to set up a hedge fund in Turkey

 
If you are opening a mutual fund, an exchange trade fund or a hedge fund, the procedure is the same and implies the Capital Market Boards endorsement. The hedge fund needs to be established by a portfolio management enterprise, which will be set up as a public company in Turkey. The next step is to register the new company in Turkey and then to receive the CMB approved agreement regarding the deposit that needs to be settled.
 
The hedge funds in Turkey are considered private investments and the preferred structure by investors is the limited partnership. It is good to know that these investment funds are illiquid as they often require investors to keep the capital for a minimum of one year. As a conclusion, the hedge fund has a certain goal, and that is to maximize the return or the gains on the initial investment.
 
Overseas businessmen prefer to open hedge funds in Turkey, and we recommend you to contact our law firm in Turkey for additional information on this matter.