PROJECT

Projects

Summary of Investment Information

Project Number

52388

Company Name

TPEF V L.P.

Date SPI Disclosed

Jun 23, 2026

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Jul 16, 2026

Environmental Category

FI-2 - Limited

Status

Pending Approval

Last Updated Date

Jun 23, 2026

Department

Equity Portfolio Management

Industry

Funds

Sector

Growth Equity Fund

Project Description

  The proposed transaction is an equity investment of up to US$60 million to TPEF V L.P. (“Turkven V” or the “Fund”) as well as a co-investment envelope of up to US$40 million for IFC to invest in select companies alongside the Fund. The Fund is a closed-end private equity (PE) fund to be domiciled in Guernsey with a target size of US$400 million. Turkven V will target lower-mid and mid-market companies in Turkiye.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation