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funds

News about funds: events, facts and developments on tafs uz.

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Mehmet Şimşek said oversight of Türkiye's capital markets will be strengthened amid fund liquidation

Türkiye's Treasury and Finance Minister Mehmet Şimşek said authorities will prepare permanent structural regulations and strengthen oversight of capital markets after the fund crisis. Of 131 funds under seven management companies, 66 have been fully liquidated, with payouts totaling 40.8 billion liras ($822.9 million) to 45,747 accounts.

2 min read

Inspired Capital closes fourth fund at $450 million amid concentration of venture money in California

New York-based Inspired Capital, founded by Alexa von Tobel and Penny Pritzker, closed its fourth fund at $450 million, bringing assets under management to nearly $1.4 billion. According to PitchBook, between 2020 and 2025 the Bay Area attracted $352 billion — about 46% of US venture capital, and last year 55% of new commitments. The firm invests in roughly 10 companies a year, with checks from $1 million to $15 million.

3 min read