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New Turkish firm leaves Rhea

New private equity firm TRPE Capital has spun out of Rhea Asset Management to make investments in Turkey.

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New private equity firm TRPE Capital has spun out of Rhea Asset Management to make investments in Turkey. 

The firm will be led by Memet Yazici, currently director of Rhea Girisim, and will focus on technology, healthcare and business services. 

TRPE Capital will continue to manage its current portfolio of Rhea investments and the chairman of the former parent company, Onur Takmak, will be a minority shareholder in the new firm.