TURUNÇ is pleased to be ranked for the fifth consecutive year as a leading fintech law firm in Turkey in the FinTech Guide published by Chambers & Partners. TURUNÇ is also the only Turkish firm to have two partners ranked by the guide: practice co-heads Esin Çamlıbel and Kerem Turunç....

TURUNÇ has advised Boğaziçi Ventures on its follow-on investment in Fiber Games, a hyper casual games-focused game development studio. Arz Portföy also joined the round. TURUNÇ had also advised Boğaziçi Ventures on its initial investment in Fiber Games. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture capital fund...

Girişim Sermayesi Yatırım Fonlarına İlişkin Esaslar Tebliği (III-52.4)’nde Değişiklik Yapılmasına Dair Tebliğ (III-52.4.c) (“Değişiklikler Tebliği”) 21 Eylül 2024 tarihinde Resmî Gazete’de yayımlanarak yürürlüğe girmiştir. Değişiklikler Tebliği ile Girişim Sermayesi Yatırım Fonlarına İlişkin Esaslar Tebliği’nde (III-52.4) (“GSYF Tebliği”) kapsamlı değişiklikler yapılmıştır. Bu değişikliklerin özetini ve değişikliklerle ilgili görüşlerimizi aşağıda takdim ediyoruz....

We are pleased to announce that Beste Yıldızili Ergül and Naz Esen have been promoted to Managing Associate. Both lawyers have been with the Firm since their graduation from law school, and bring a wealth of complementary experience with them. Beste Yıldızili Ergül is an employment, data privacy and intellectual...

TURUNÇ has advised Gelecek Etki Fonu (Future Impact Fund) on its investment in Novus, a provider of customizable, on-premise AI and LLM solutions for enterprises. Sabancı Ventures, Inveo Ventures and other investors also joined the round. Gelecek Etki Fonu is a Capital Markets Board-regulated venture capital fund managed jointly by...

TURUNÇ has advised, along with Greenberg Traurig LLP, U.S.-based private equity fund Riverwood Capital on its investment in Picus Security, a Turkish-American cybersecurity company focused on breach and attack simulation (BAS) and security validation. The TURUNÇ team included Kerem Turunç, İltem Dokurlar, Noyan Turunç, Esin Çamlıbel, Beste Yıldızili Ergül, Naz...

TURUNÇ has advised Boğaziçi Ventures on its investment in Magfi, a platform that allows advertisers to reach communities on Telegram and Discord simultaneously. Eleven VC also joined the round. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture capital fund focused primarily on fintech, health tech, retail tech and...

TURUNÇ has advised ICV Partners, a private equity firm focused on lower middle market companies in North America, on its sale of Horizon Air Freight, a U.S.-based provider of specialized global marine logistics services, to GHK Capital Partners, a U.S.-based private equity firm. The TURUNÇ team included Noyan Turunç, Kerem...

Sermaye Piyasası Kurulu (“Kurul”), 8 Ağustos 2024 tarihli ve 2024/38 sayılı bülteninde kripto platformlarının kuruluş şartlarını yayımlamıştır.[1] Kuruluş şartların özetini aşağıda takdim ediyoruz. Kuruluş izni alan platformların faaliyet izni almak üzere Kurul’a ayrıca bir başvuru yapması da gerekecektir.[2] (A) Platforma İlişkin Şartlar (B) Kuruculara, Ortaklara ve Yöneticilere İlişkin Şartlar –...