Turkey: Private Equity's Undiscovered Gem?

Considering the increasing popularity of emerging market private equity, it comes as a surprise that Turkey is not more of a hotspot for private equity. Add on the obvious scarcity of capital in Turkey plus the fact that the macroeconomic and financial environment is supportive (BMI has singled out Turkey as an outperformer among emerging markets in 2010), and the mystery becomes even more puzzling. We look at the scope for change in the Turkish PE outlook on the basis of the attractions and obstacles to PE

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