Gozde

Gozde was established by Fiba Group and its founder Husnu Ozyegin's family, and it functions as Fiba's listed private equity arm. It draws on Fiba's operational expertise across banking, retail, real estate, and energy to evaluate and support portfolio companies. The relationship provides deal flow and post-acquisition management capacity but also means the portfolio may tilt toward sectors where Fiba itself has deep experience. The firm's chairman, Murat Ozyegin, sits at the intersection of the family group and the listed vehicle.

It is neither in the pure sense. Gozde is a publicly traded private equity investment trust listed on Borsa Istanbul, but it originates from the Ozyegin family's Fiba Group ecosystem. Its public listing and regulated structure distinguish it from a single-family office, while its strategic alignment with one conglomerate's industrial logic separates it from a fully independent fund manager raising third-party capital.

Gozde targets Turkish companies requiring growth equity, expansion capital, or operational restructuring, often taking control or significant-minority positions. It has historically sought businesses in financial services, retail, energy, and healthcare where Fiba Group's operational and strategic resources can accelerate value creation. The firm prefers board representation and can hold assets over multi-year periods, consistent with a strategic rather than purely financial buyer approach.

While specific co-investment mechanics are not publicly detailed, Gozde operates within the Fiba Group ecosystem and its portfolio decisions are understood to reflect the group's broader sectoral priorities. Its public filings on Borsa Istanbul govern transaction disclosures, and any related-party transactions would be subject to Turkish capital-markets regulations.

In November 2018, Gozde announced it would distribute its shares in discount retailer Sok Marketler to Gozde's own shareholders. This effectively realized the investment for Gozde's balance sheet while returning value directly to public shareholders. The move highlighted an active portfolio-management discipline and demonstrated that the listed vehicle can both acquire and exit positions in ways distinct from a purely private group holding.