Turquoise Partners

Turquoise Partners (Persian: شرکت سرمایه گذاری فیروزه‎) is an international financial services group based in Iran which was established in 2005 by a group of Iranian businessmen. Its activities include providing a wide range of financial services to foreign and domestic clients. The company is considered a pioneer in terms of managing foreign assets on the Tehran Stock Exchange.[2][3][4][5] Turquoise manages around 90% of all foreign portfolio investment in Iran's capital market.[6][7]

شرکت سرمایه گذاری فیروزه
Turquoise Partners
TypePrivate
IndustryFinancial services
Founded2005
HeadquartersTehran, Iran
Area served
International
Key people
Ramin Rabii (CEO)[1]
ProductsAsset Management
Private Equity
Brokerage Services
Corporate Finance
Total assets $200 Million (2014)[1]
WebsiteTurquoisePartners.com

Background

Turquoise Partners is a leading privately-owned financial services group that is focused on Iran. It offers asset management, brokerage and investment banking services for domestic and foreign clients. It is also active in private equity and venture capital. Turquoise produces a monthly English-language newsletter called Iran Investment Monthly, which has a large online audience. Turquoise Partners was founded in 2005 and has over 250 employees.

International Funds
  • Iran Equity Fund and Iran Fixed Income Fund:
  • Turquoise’s Iran equity fund was launched in 2006 and is the largest international equity fund on the Iranian capital markets with the longest track record for foreign investors. Turquoise also launched an international fixed income fund focused on listed Iranian debt instruments.

Iran Investment Monthly

Turquoise Partners produces a monthly electronic newsletter "Iran Investment Monthly" which provides the latest news on Iran’s financial market and economy in English.[8]

Firouzeh Asia Brokerage

Turquoise is a majority shareholder of a fully licensed Iranian brokerage firm, Firouzeh Asia. This is a joint venture between Turquoise and Iran’s largest private sector insurance company, Asia Insurance. Firouzeh Asia offers online and offline trading platforms to its local and foreign clients. It also produces reports and analysis on the Iranian capital markets, sectors and listed companies in English and Persian.[9]

Partnerships

In 2015, Charlemagne Capital in London (U.K.) and Turquoise Partners announced their partnership.[10] Charlemagne has $2.5 billion assets under management. Together, they have set up funds in different sectors such as oil and gas, banks and retail in Iran worth $50 million.[11][12]

In 2016, Turquoise announced that it will partner with Swiss bank REYL & Cie in Dubai in a $200 million Venture Capital fund focused primarily on consumer goods.[13]

See also

References
  1. Andrew Torchia: Iran nuclear deal would open last big frontier stock market. Reuters, October 20, 2014. Retrieved April 12, 2015.
  2. "Euromoney – International banking finance and capital markets news and analysis". Euromoney.com. Retrieved 2012-07-15.
  3. "Iran's Turquoise Partners raises $2.8m for mutual fund | News". MEED. 2010-08-19. Retrieved 2012-07-15.
  4. "Forsat.org". Forsat.org. 2007-03-06. Retrieved 2012-07-15.
  5. Bozorgmehr, Najmeh (2009-10-15). "Iran's thermometer begins to overheat". FT.com. Retrieved 2012-07-15.
  6. "Iranian investment scene 'improving' as relations thaw". BBC.com. 2014-10-16. Retrieved 2014-12-28.
  7. "Persian Profits". Zawya.com. 2014-11-24. Retrieved 2014-12-28.
  8. "Turquoise Partners". Turquoise Partners. Retrieved 2012-07-15.
  9. http://www.turquoisepartners.com/iraninvestment/IIM-Feb15.pdf
  10. https://www.cnbc.com/id/102567693
  11. http://presstv.com/Detail/2015/04/09/405481/UK-trailblazer-marks-foreign-flock-to-Iran
  12. http://www.payvand.com/news/16/jan/1114.html
  13. https://www.bloomberg.com/news/articles/2016-01-28/turquoise-to-start-iran-private-equity-fund-with-swiss-bank-reyl
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