Ahmad Al-Sati is a Managing Director at Albright Capital Management, an Emerging Markets Private Markets focused global investment firm.
He has more than 15 years of direct experience in private investments where he has originated, negotiated and executed over 40 transactions across 20 jurisdictions. His focus is on complex solutions across the capital structure and has completed transactions in private credit, equities, bankruptcy investing, rescue finance and growth capital in the telecomm, energy, renewables, and industrials sectors.
Prior to his time at Albright Capital, Mr. Al-Sati was most recently responsible for energy and international portfolios and led the restructuring efforts at Plainfield Asset Management. His expertise includes identifying and evaluating deep value opportunities and determining the effects of corporate events and macroeconomic dislocation on the value of securities. Mr. Al-Sati has also served as a bankruptcy attorney where he has represented investors, debtors and creditors in restructurings and chapter 11 proceedings as well as deal execution of distressed private equity transactions in Asia, Europe and the Americas.
Mr. Al-Sati received a BA from Wesleyan University, a JD from Columbia Law School, and an MBA from NYU’s Stern School of Business.
After attending Robert College in Istanbul, Hilmi Güvenal graduated in industrial engineering from Boğaziçi University and then completed the Harvard Business School Executive Program. He has been the CEO and a Board Member of Hayat Varlık since October 2009. In addition to his responsibilities at Hayat Varlık, Hilmi Güvenal is also Vice-chairman of the Board at Tam Faktoring A.Ş.
Murat Özgen is the CEO of İş Private Equity (www.isprivateequity.com). Among the pioneers of development of private equity industry in Turkey, İş Private Equity is a generalist mid-market fund with a focus on growth equity and buy-out investments. İş PE is the leading private equity house in its segment with a strong and consistent track record of 17 investments and 11 exits in Turkey. Leveraging on its experience in Turkish PE market accumulated over the years, Is Private Equity invests in outstanding companies in a variety of sectors, which promise high growth potential driven by their unique competitive advantages. Is PE leads its portfolio companies with its proven value creation approach to deliver success stories. Is PE’s main focus is on Retail, Consumer & Business Services, Healthcare, Education, Industrials and TMT sectors.
Murat Özgen has over 26 years of professional working experience; over 17 years of which is with İş Private Equity. In addition to his transactional experience, Murat Özgen has significant board level experience in portfolio companies and he is also an Investment Committee member of Is Private Equity. Before joining İş PE, Murat Özgen worked mainly in finance and banking industries at local and global institutions in Turkey and abroad; at Koçbank in İstanbul, Commerzbank AG in New York, and at Facility Group, Inc. in Atlanta.
Aygen Yayıkoğlu is the Founder and Managing Partner of Crescent Capital, a private equity and asset management firm with a focus on energy and infrastructure investments in Turkey and surrounding regions.
Aygen has 23 years of project finance and equity investment experience in emerging markets covering Central and Eastern Europe, former Soviet Union, and Turkey. His areas of expertise include public and private financing of power generation, transmission, and distribution projects, privatizations of energy and infrastructure assets, energy sector restructuring, transport and municipal infrastructure concessions, oil and gas downstream projects and renewable energy investments.
Prior to establishing Crescent, Aygen spent more than ten years at the EBRD’s headquarters in London, and three and a half years heading EBRD’s country offices in the Balkans and the Caucasus. Aygen then joined IFC’s Infrastructure Department, covering Eastern Europe, Middle East, and Turkey.
Aygen has a B.A. from Ankara University and an M.A. from SAIS, Johns Hopkins University. He is a Fulbright scholar and is one of the founding members of Empea’s Energy and Infrastructure Council.
Berkay Oncel is the Head Analyst for Middle East and Turkey at SC Lowy London, an international banking and finance group specialised in fixed income. Private and employee controlled, the firm uses its balance sheet to facilitate primary issuance, secondary trading and investments focused on corporate bonds, loans, trade claims and special situations. SC Lowy is headquartered in Hong Kong with offices in London, Milan, Seoul, Mumbai and Sydney, and a leader in secondary loan trading in the Asia-Pac and Middle East markets. Berkay joined SC Lowy’s Hong Kong office in 2012 as an Analyst and relocated to London in 2015 as the EMEA Loan Trader. Berkay has 10 years of distressed debt investment experience with a focus on emerging market geographies.
Berkay graduated magna cum laude from Dickinson College with a BS in Economics and International Business & Management.
David Burlison is a Managing Director at Lazard in the Restructuring team. He joined the firm in 2016. Prior to joining Lazard, David was Global Head of Restructuring for KPMG. David’s experience includes a mix of Financial Restructuring advisory roles working for both creditors and Boards, CRO roles,and senior Board positions.
David has worked on Restructuring cases since the late 1990’s and has been involved in a number of high profile cases both in the UK and Internationally,including: TXU,Teesside Power Limitied, SwissAir, Hagermeyer, DrMartins, Ideal Stelrad, 20:20 Mobile, FlaktWoods, Dometic,Gala Coral, Scholz GmbH,,Jack Wolfskin, Danaos, OTAS (parent of Turk Telekom), Kalle.
At the end of 2009, David located to Dubai to lead KPMG’s Restructuring and Debt Advisory team in the Middle East – which included advising the Senior Creditors on Dhabi World, Dry Docks, Nakheel, Limitless & Istithmar.David was also the advisor to the Senior Lenders on Tabreed,the Senior Lenders on Global Investment House, The Board on FalOil, The Board on Al JabarGroup, and advisor to the owner of The Dhabi Group.
During 2012, David became Managing Director at Dhabi Holding (the private investment vehicle of a Senior member of the Abu Dhabi Ruling Family), taking on a CRO role. David was part of a four person Executive Management Team responsible for overseeing and managing a $3 Billion portfolio, spread across a number of Industries and Geographies (including South East Asia, Africa, Eastern Europe and the Middle East). Key sectors in the portfolio included Telecoms, Financial Services, Property and Energy, key activities include interacting with the portfolio Companies either as a Board member or as a Shareholder Representative, governance, operational improvement,debt restructuring and refinancing, M&A, and new investments.
Since 2013 David has been a creditor appointed Board Director of RA Holdings (Arcapita),responsible for the post Chapter 11 run-off and disposal of the Arcapita portfolio. For the period 2013 and 2014 David held the position of Independent Director on Global Investment House (Kuwait), at the request of the Senior Lenders. Since 2015 David has been a Board Director of Sesame BankhallGroup, part of the Aviva Group.
Member of the Institute of Chartered Accountants in England and Wales, 1999
Alex Mahler is a Managing Director and Senior Analyst in Deutsche Bank’s Distressed Products Group since 2014. He has heavy involvement in major European restructurings, from the Icelandic bank liquidations to Premier Oil. He represented international funds in the OTAS restructuring of its Turk Telekom shareholding.
Alex previously worked with distressed debt at JP Morgan and Citi. He is a Native New Yorker with an MBA from the University of Chicago, living in London since 2005.
Necmettin Kaymaz has been working with the Turkish Investment Office since its establishment in 2007. Right after joining the Office, Mr. Kaymaz established the Directorate of Economic and Sectoral Research and managed it for six years. Currently, he leads the Infrastructure, Healthcare and Finance Programs and simultaneously advices the management on the development of national investment promotion strategies.
Prior to joining Invest in Turkey, Mr. Kaymaz worked for the UN and EU institutions in New York and Brussels in various capacities. He is a graduate of Middle East Technical University with a BSc degree in Political Science and Public Administration. He also pursued postgraduate studies in International and European Relations at Linkoping University in Sweden and Global Management at Universitat Oberta de Catalunya in Spain.
The Investment Office is the national organization for promoting Turkey’s investment opportunities to the global business community. Directly reporting to the President of Turkey, the Office provides assistance to investors before, during and after their entry to Turkey.
Baris Sivri is a Partner of CEECAT Capital and is a member of the Investment Advisory Committee. Baris joined ADM Capital in 2007 and leads the team in the Istanbul office. He has worked on sourcing and managing 16 deals and 12 exits in various industries including food, manufacturing, infrastructure, auto parts and retail. Prior to this, Baris worked at the World Bank and IFC in Washington, DC. Baris started his career in 1995 as an equity research analyst at Global Securities, Istanbul, and later worked in corporate finance, where he concluded a number of IPOs, M&A transactions, and privatization projects in Turkey and CIS. Baris has an MBA from George Washington University and a BA from Koc University, Istanbul.
Burak Dalgin joined Darby as a Vice President in January 2008, and is stationed in Istanbul. Mr. Dalgin is part of the Darby Converging Europe Mezzanine Fund team and focuses on Darby's activity in the region. Prior to joining Darby, Mr. Dalgin worked at McKinsey & Company's New York and Boston offices for three years as Engagement Manager and led McKinsey and client teams in strategy, due-diligence, post merger management, organization, go-to-market and operations projects. Previously he worked in Istanbul as Founder and Project Manager of Kobiline, the first internet platform providing information technology and financial services to small-medium enterprises (2001-2002), and earlier he worked on the venture capital/private equity investments of Koc Holding (1999-2001). Mr. Dalgin holds an MBA from Harvard Business School (2004) and a Bachelor of Science in Mechanical Engineering from Bogazici University in Istanbul, Turkey (1999).
Nesteren serves as a Project Finance Assistant Manager, Corporate Loans Underwriting Division at Isbank. She is responsible for the credit appraisal processes of project finance loan applications for energy, infrastructure, real estate development and M&A projects with ticket size over USD 50 million and management of USD 15 billion project loan portfolio (app. 60% of the portfolio consists of energy financing to 15.000 MW installed capacity) with the Project Finance Team reporting to Project Finance Regional Manager.
Aydin Ozol joined Raiffeisen Investment in 2008. Mr. Ozol is the lead for capital intensive projects in energy, infrastructure and petrochemicals sectors. Notable transactions he has worked on include; sale of OMV Samsun to Bilgin Enerji, sale of Aksa Enerji on its WPP portfolio, acquisition of Marmara Elektrik by Inter RAO, sale of 45.5% of Saide Tekstil to Marubeni, privatization of 18 electricity distribution companies, acquisition of Yesil Energy by Statkraft.
Prior to joining Raiffeisen Investment, Mr. Ozol worked in the investment banking department of Raymond James Turkey for 8 years. During his career in Raymond James Turkey, Mr. Ozol worked in a number of M&A and IPO transactions including privatizations. Aydin Ozol also has extensive experience in project finance, buy side and sell side M&A advisory as well as primary and secondary equity offerings.
Asli Orbay is a reporter working for Debtwire CEEMEA, with a focus on arbitration, litigation and distressed situations. Prior to joining Debtwire, Asli worked as a banking and finance lawyer for Clifford Chance in Istanbul. Asli holds an LLM in international economic and trade law and a she is currently a PhD candidate studying at Brunel University.
David is an associate editor at Debtwire CEEMEA, where his coverage focuses on high yield, distressed debt and restructuring situations across the region – reporting on high profile situations such as Agrokor, Steinhoff and Dana Gas. He previously reported on new bond and loan issuance from the Middle East. Prior to joining Debtwire, David completed an MA in Medieval History at the University of St Andrews.