Hitite News on Emerging Markets Private Equity Association NewsWatch

Globalturk Capital, a pre- and post-investment management and advisory services firm focused on Turkey, has, through its partners, invested in Hittite Solar Energy, a solar thermal technologies and desalinization systems developer with operations in the U.S. and Turkey. Globalturk Capital invested in the company by taking a minority share option prior to facilitating the establishment of a new 50-50 joint stock company between the shareholders of ROC Enerji and the Suzer Group, a Turkish real estate developer, fast food retailer, natural gas distributor, tourism investor and financial services provider. The value of the transaction was undisclosed.