Turkish Fund’s Goldman Dreams Collapse in ‘Ponzi-Like Scheme’

Karar Gazetesi

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Bloomberg reported that Tera Group's rapid growth trajectory, aimed at becoming "Turkey's Goldman Sachs," has been reversed by liquidity crises in its investment funds, liquidation decisions, and legal investigations. The article noted that some of Tera Portfolio's funds had generated returns exceeding 17,000 percent since the beginning of 2025, and that its strategy relied on concentrating on related and illiquid stocks and growing positions th…

ekonomim.com

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The funding crisis in Türkiye has received extensive coverage in the international press. According to Bloomberg's analysis, Tera Group, which is rapidly growing with the goal of becoming Turkey's "Goldman Sachs," has concentrated and heavily indebted assets...