Pursuant to the Law on the Establishment of the Turkish Wealth
Fund Management Joint Stock Company and on the Amendment of Certain
Laws numbered 67411 ("Law No. 6741"), the
purpose of the Wealth Fund is to contribute to the variety and to
the depth of tools in the capital markets, to bring domestic public
assets into the economy, to provide external resources, and to take
part in strategic and large-scale investments. In this Newsletter
article, the establishment and the characteristics of the Wealth
Fund are analyzed.
In General
The Wealth Fund has been established by the Wealth Fund Joint
Stock Company ("Company"), based on the powers granted by
Law No. 6741. The procedures and principles on the structure and
functioning of the Company have been adopted by the Decision,
numbered 2016/9429, on the Entry Into Force of the Decision on the
Structure and Functioning of the Turkish Wealth Fund Management
Joint Stock Company2.
