LEGAL FRAMEWORK
CMB Communique on Principles Regarding Venture Capital Investment Funds
Communique on CMB Portfolio Management Companies and Principles Regarding the Activities of These Companies
Fund Details
Founder One seeks to become a key player in Turkey's impact investing ecosystem with its fund size and the number of investments, while at the same time giving its investors the opportunity to earn high returns.
FOUNDERS
The Turkish Entrepreneurship Foundation, The Turkish Informatics Foundation, and MAXIS Private Equity Portfolio Management Inc.
FIRST CLOSING
17 million USD
FUND DURATION
10 years | 5 years investment period | 5 years exit period
PERFORMANCE THRESHOLD
The simple average of the CPI and the US Dollar/Turkish Lira exchange rate during the period the investor's purchase price remains in the Fund.
PERFORMANCE FEE
Will not exceed 20%
FUND PRICE
Will be announced daily
MINIMUM ENTRY AMOUNT TO THE FUND
250,000 USD
TARGET STAGE
Pre-seed, and Seed Stage
NUMBER OF INVESTMENTS
Approximately 100
GEOGRAPHICAL FOCUS
Turkey, and Located outside Turkey but holds 80% of its assets in Turkey
INVESTMENT FOCUS
Impact Investments
FINANCIAL VALUATION
Will be conducted in accordance with Invest Europe standards
PORTFOLIO MANAGEMENT COMPANY
Maxis Private Equity Portfolio Management Inc.
START-UP SOLUTIONS
Start-ups that promote inclusion, healthy and safe living, and a sustainable climate
JOINT INVESTMENT OPPORTUNITY
Founder One offers its investors who invest 250,000 USD and above the chance to join the advisory board. Investors who join the advisory board will have the opportunity to co-invest.