Turkey Wealth Fund
The Turkey Wealth Fund (TWF; Turkish: Türkiye Varlık Fonu, TVF) is a $33 billion 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.
Native name | Türkiye Varlık Fonu |
|---|---|
| Industry | Sovereign wealth fund |
| Founded | 26 August 2016 |
| Headquarters | Ankara, Turkey |
Key people | Chairman: President Recep Tayyip Erdoğan CEO: Salim Arda Ermut |
| Website | www |
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