11 November 2013
Press Release - Finance in Motion expands regional network with office in Istanbul
Finance in Motion, a global leader in asset management and technical assistance for development finance, is expanding outreach within its target regions with the opening of a new representative office in Istanbul, Turkey.
Istanbul is Finance in Motion’s 11th regional office and the second office to start operations in 2013, following the opening of the Luxembourg office in August. The office will be headed by Burcu Kapuz who brings more than 15 years of experience in interbank relationships to Finance in Motion.
“Turkey remains a key market for us within Southeast Europe,” says Sylvia Wisniwski, Managing Director of Finance in Motion. “Turkey has show impressive growth rates in the first decade of the century, and we are pleased to be able to enhance and expand our activities in this thriving country through a dedicated office in Istanbul.”
The contact details of Finance in Motion’s new Istanbul office are as follows:
Finance in Motion GmbH
Maslak Mahallesi, Bilim Sokak
Sun Plaza 15th Floor
34394 Sisli, Istanbul
Phone: +90 212 367 92 07
About Finance in Motion
Finance in Motion is an alternative asset manager exclusively focused on development finance and manages investment vehicles to promote sustainable economic, social and environmental development. Finance in Motion has over EUR 1.1 billion of investor commitments under management (as at 30 June 2013) leveraging development aid through public private partnerships. In line with the development mission of each fund, Finance in Motion develops partnerships with eligible financial institutions and projects covering debt, mezzanine and equity, as well as non-financial advisory services (technical assistance). Finance in Motion has offices in Frankfurt/Main, Germany, and in a further 11 cities covering operations in 24 countries in Southeastern Europe, the Caucasus, the Middle East and North Africa. Finance in Motion currently provides asset management and technical assistance management services to the following development finance vehicles: the European Fund for Southeast Europe (EFSE) – finance for micro-, small and medium enterprises (MSME finance); the Green for Growth Fund, Southeast Europe (GGF) – energy efficiency and renewable energy; and the SANAD Fund in the Middle East and North Africa region – finance for micro-, small and medium enterprises (MSME finance) and employment creation.
Tel: +49 (0)69 / 977 876 50-171
Fax: +49 (0)69 / 977 876 50-10