When Unlu & Co started life as an M&A boutique in 1996, international appetite for Turkish assets was almost non-existent. Several decades of extreme economic volatility had deterred all but the hardiest investors; foreign direct flows amounted to barely $500 million a year.
|
“We believed that if we could explain the opportunities presented by the Turkish market, we could get investors interested,” says founder and chairman Mahmut Unlu.
