HASTA Capital

Can Yücaoğlu, as Managing Partner, leads day-to-day origination and investment decisions from the London office. Mehmet Dalman serves as Founder and Chairman, providing strategic oversight and relationship capital drawn from his long career at Commerzbank and his chairmanship of Cardiff City Football Club. The firm operates a partnership structure where both principals are closely involved in structuring major transactions.

HASTA originates deals through the personal and professional networks of its principals in Turkish corporate and financial circles, rather than through competitive auction processes. The firm targets transactions where European-sourced capital can solve a specific financing gap for mid-market Turkish enterprises, particularly in export-oriented industries. This relationship-driven origination model relies on Yücaoğlu's ties to Turkish industrial groups and Dalman's reputation in European banking.

HASTA Capital is structured as an independent asset manager based in London. It is not a single-family office or a multi-family office, though its lean partnership model and focus on bespoke transactions resemble the approach some family offices take to direct investing. The firm manages third-party capital from European institutional and high-net-worth sources, deploying it into Turkish and regional alternatives.

HASTA Capital focuses on direct deal origination rather than making fund commitments to third-party managers. The firm structures bespoke private credit, real estate, and special situations transactions, often including equity co-investment rights alongside senior secured lending positions. This direct model allows HASTA to control underwriting and governance terms on each deployment.

HASTA targets mid-market Turkish enterprises and asset-level opportunities, not early-stage venture or large-cap public equities. The firm operates in private credit and special situations, often providing growth or transitional capital to export-oriented industrial companies, logistics real estate developers, and energy transition infrastructure projects. Distressed and non-performing loan portfolios from Turkish banks also fall within the firm's mandate.

HASTA typically leads or co-leads transactions rather than co-investing passively alongside external general partners. The firm's value proposition to European capital providers is its ability to originate, underwrite, and govern deals that outsiders cannot access directly, so it tends to control the structuring and terms. When additional capital is needed beyond HASTA's own pool, the firm syndicates among its limited partner relationships.

HASTA Capital is not a family office and does not manage a single family's wealth. Mehmet Dalman's personal wealth derives from his decades-long career in European investment banking, including senior roles at Commerzbank and other institutions. Can Yücaoğlu's expertise stems from his background in Turkish corporate finance and industrial deal-making. The firm manages external institutional capital.