What are Venture Capital Investment Funds?

Turkish Venture Capital Investment Fund (VCIF), A Tax Efficient, Robust, Capital Markets Legislation Compliant Solution

•    Turkish VCIF introduces a flexible regulatory model, sets forth provisions on custodianship, transparency and reporting requirements, in line with the international market standards. 
•    Established and managed by a Capital Markets Board (CMB) licensed asset manager
•    Sold to qualified investors “Qualified Investors” only
•    Leverage restrictions – maximum 50% of investment value undertaken by the VCIF is allowed.
•    Maturity burden, the Fund must be closed end
•    Professional management in charge of the fund administration
•    All decisions to be taken by an Investment Committee
•    Declaration of Fund Unit Value to Investors at least annually 
•    Portfolio diversification. Investors can invest in multiple ventures through VCIF