October 2026
Largest Asset Management Public Companies in Turkey
Benchmark revenue and EBITDA valuation multiples for public comps like
InvestCo Holding, AG Anadolu Grubu Holding, Hedef Holding, Doğan Holding and Alarko Holding.
 | InvestCo Holding is an investment company involved in making direct or indirect investments in different fields. It invests in renewable energy, mining, chemistry, iron-steel, technology, software, venture capital, food, and healthcare industries. | $14 | +87% | $2.7B | $2.6B | 2409.1x | (67.8x) | ||
| Ag Anadolu Grubu Holding Anonim Sirketi, formerly Yazicilar Holding AS, is a holding company. The company through its subsidiaries manages six primary segments: Automotive (including passenger vehicles, commercial vehicles, generators, spare and parts, and operational lease); Migros (retail, stationery, chain restaurant management, and tourism), Bira, Beverages, Energy and industry, and other (information technologies and trade). The three segments by profit are Migros, Beverages, and Bira. | $1 | +4% | $1.5B | $8.3B | 0.6x | 4.1x | ||
| Hedef Holding makes direct or indirect investments in areas of finance and technology. | $0 | -69% | $1.2B | $1.2B | 23.3x | 40.9x | ||
| Dogan Sirketler Grubu Holdings AS is a conglomerate operating in various sectors including media, energy and retail, as well as industry, real estate and automotive marketing, tourism and financial services. The company's segments consist of Publishing, Broadcasting, Retail, Energy and Other. The majority of the revenue is generated from the production, transmission, distribution, domestic and international wholesale and retail trade of energy in Turkey. | $0 | -11% | $927M | $349M | 0.2x | 5.5x | ||
| Alarko Holding AS is a holding company consisting of companies that operate in contracting, construction, land development, industry, trade, tourism, and energy. The company's segments include holding, tourism, industry and merchandising, energy, contracting/land development. Its contracting group operates as a general contractor in Turkey and abroad and carries out airport and rail system projects, large scale infrastructure works, constructions of industrial plants, hospitals, and other such projects. The majority of the revenue is derived from the contracting and land development segment. | $2 | +15% | $920M | $1.3B | 7.7x | 9.0x | ||
| IS Yatirim Menkul Degerler AS is a Turkey-based company engaged in the provision of investment advisory services, market making and liquidity providing services as well as traditional brokerage services The company's operating segment includes Securities Brokerage, Investment Trust, Portfolio Management, Private Equity, and Asset Management. It generates maximum revenue from the Securities Brokerage segment. The company serves domestic and international, individual and institutional investors with high-added-value services. | $1 | -43% | $899M | $899M | 0.0x | 2.6x | ||
| Borusan Yatirim Pazarlama AS is Turkey-based company with business interests in multiple sectors. The company through its subsidiaries is engaged in the businesses of steel, distributorship, automotive, logistics and energy sectors. | $28 | -53% | $759M | $744M | 409.9x | - | ||
| Verusa Holding AS is a Turkey based investment company focused on private equity and venture capital. The company invests in high-growth sectors such as renewable energy, mining, technology, and healthcare. | $10 | +56% | $723M | $683M | 44.3x | 88.9x | ||
| Global Yatirim Holding AS operates as an investment holding company in Turkey. The company's operating segment includes Port Operations; Energy Generation; Natural Gas; Mining; Real Estate and Brokerage and Asset Management. It generates maximum revenue from the Port Operations segment. The company operates cruise and commercial port facilities, as well as operates in energy production, renewable energy production, and feldspar mining businesses. | $0 | +27% | $687M | $2.1B | 3.7x | 9.2x | ||
| Mogan Enerji Yatirim Holding AS is a company operating in the energy sector through its renewable energy plants, plays a significant role in carbon emission trading. The company which has directed its investments towards renewable energy plants, includes Geothermal Power Plants, Hydroelectric Power Plants, and Wind Power Plants. | -- | -- | $676M | $655M | 3.0x | 6.3x | ||
| Eczacibasi Yatirim Holding Ortakligi AS is an investment holding company. It is in the business of building products, consumer products, and health sectors. In addition to these basic sectors, the company also includes organizations in the fields of finance, information technologies, resource technologies, natural resources, and real estate development. | $4 | -41% | $427M | $414M | - | 26.3x | ||
| Lydia Holding AS is engaged in different activity areas that includes energy, technology, sustainability, logistics, and media. | $1 | -82% | $290M | $284M | 221.1x | (76.3x) | ||
| Tera Finansal Yatirimlar Holding AS Formerly Dagi Yatirim Holding AS is an asset management company in Istanbul. | $9 | +10% | $271M | $271M | 291790.6x | (1096.4x) | ||
| Ufuk Yatirim Yonetim Ve Gayrimenkul AS is engaged in the real estate business. Its property portfolio includes buildings and land, farm land, Ocean View apartment flat and factory building. The company also provides lease finance solutions for machinery, equipment, and transportation vehicles. | $7 | -86% | $263M | $261M | - | 16.4x | ||
| Gedik Yatirim Menkul Degerler AS is an investment banking advisory and brokerage company. It provides brokerage services, Investment Advisory, and Portfolio Management. Its services include securities trading; economy and company research; futures and options; asset management; and brokerage services for institutional investors. | $0 | -46% | $197M | $197M | 0.0x | 11.7x | ||
| Ral Yatirim Holding AS is engaged in the construction business. | $1 | -88% | $180M | $266M | ||||
| Kuyas Yatrim AS operates as a real estate investment company. It is engaged in investment in offices and parks. Its ongoing project includes the Borsa Tower project, and completed projects include Istanbul Vizyon Park Office Plaza, IVP Central Plaza; Ataturk Airport - Yesilkoy Free Zone - International Fair Center, Kuyumcukent Wedding World shopping center among others. | $0 | -82% | $87M | $87M | ||||
| Is Yatirim Ortakligi AS is engaged in investment and portfolio management of Equities, Debt securities, Mutual fund, Time deposits, Reverse repo, Takasbank Money Market transactions and Turkdex cash collateral accounts. | $0 | -37% | $20M | $5M | ||||
| Euro Trend Yatirim Ortakligi AS is an investment trust, involved in portfolio management activities. Its activities include the management of portfolio variation and investment risk, and the monitoring of stock exchanges, financial markets, institutions, and trusts. | $0 | +22% | $16M | $14M | ||||
| Oyak Yatirim Ortakligi AS is an investment trust. It is engaged in portfolio creation and management of gold and other precious metals traded in national and international stock exchanges or in non-exchange organized markets. | $1 | -33% | $13M | $9M | ||||
| Cosmos Yatirim Holding AS is an investment company that operates based on capital market instruments. The company operates in two division namely petroleum and petroleum derivatives products and Purchase and sale of paintings, sculptures and similar art works and commercial activities. | $2 | -52% | $12M | $12M | ||||
| Vakif Menkul Kiymet Yatirim Ortakligi AS is a Turkish company which is engaged in the investment and portfolio management of capital market instruments traded on the domestic and international stock exchanges, as well as other organized over-the-counter markets. | $0 | -26% | $12M | $11M | ||||
| Yesil Yatirim Holding AS is engaged in investment and portfolio management of capital market instruments traded on the domestic and international stock exchanges. The company's portfolio includes public and private stocks, and government bonds. | $0 | -73% | $11M | $11M | ||||
| Euro Kapital Yatirim Ortakligi is a Turkey-based investment company. It is engaged in investment and portfolio management with capital market instruments traded on the domestic and international stock exchanges. | $0 | +49% | $11M | $10M | ||||
| Avrasya Petrol ve Turistik Tesisler Yatirimlar AS is a closed-end investment trust that is engaged in portfolio development of capital market instruments, focusing on gold & other precious metals traded on domestic & foreign Stock exchange. | $0 | -48% | $8M | $6M | ||||
| Metro Yatirim Ortakligi AS is a Turkey-based company formed to operate a portfolio of securities traded in national and international exchanges within the framework of the principles and rules determined by the relevant legislation. | $0 | -26% | $6M | - | ||||
| Garanti Yatirim Ortakligi AS operates as an investment trust. The business activities of the company comprise portfolio and asset management. Its investment portfolio includes gold and other precious metals traded on the domestic and foreign exchange markets. | $0 | -51% | $6M | $5M | ||||
| Atlas Menkul Kiymetler Yatirim Ortakligi AS is an investment company. It is engaged in a trading portfolio of capital market instruments traded on national, international or other organized over-the-counter markets. | $0 | -38% | $6M | - | ||||
| Euro Menkul Kiymet Yatirim Ortakligi AS is engaged in establishing and managing partnership portfolios. It develops and manages a portfolio of capital market instruments, focusing on gold and other minerals. | $0 | -29% | $5M | $3M | ||||
| Median | $0 | -38% | $197M | $266M | 3.7x | 5.9x |
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