While artificial intelligence is playing a transformative role for many industries, it has also started to be used in private equity investments where big data analysis is vital.
Private equity funds, which aim for profitability by making strategic investments in companies with growth potential, showed a remarkable performance in the first three quarters of 2022. According to Private Equity International’s data, private equity funds, which raised $516.9 billion through strategic sales and public offerings in the first 9 months of the year, also play a pioneering role in technology development. Independent private equity fund SOS Investment, with the support of the US-based technology company Sir Unique, will start to incorporate artificial intelligence technology into the business processes of the companies it invests in. The first example in the world where artificial intelligence will be used in stages such as big data analysis, marketing, branding, reporting, portfolio management and due diligence in companies to be invested was established in Turkey with the support of international investors. Supported by Eurasia Capital Partners, including ECP, Vita Nova Capital, Hong Kong China Turkey Investment and Axxess Capital, SOS Investment will manage millions of euros with the support of artificial intelligence.
Sharing his evaluations on the subject, SOS Investment Founder and Turkey Representative Oktay Kemal Özdemir said, “The global economy is going through a period of great uncertainty. In such a period, we launched the independent private equity fund SOS Investment with the support of world-renowned investors. In this period of uncertainty, we will stand by the companies with growth potential in Turkey and make strategic investments with the power of artificial intelligence.”
200 million euro investment is targeted in three years
Private Funds CFO 2022 Insight Research due diligence, etc. The proportion of private equity funds that describe the effectiveness of advanced technologies such as artificial intelligence for processes as medium or high was 52%. Stating that one of the two private equity funds is willing to integrate artificial intelligence into their business processes, Oktay Kemal Özdemir said, “Private equity companies around the world will just start to benefit from the opportunities of artificial intelligence. As SOS Investment, we go beyond the approach of supporting growth only with financing and combine our strategic, operational and administrative experience with the vision of artificial intelligence technology. In the next 2-3 years, we plan to invest more than 200 million euros in Turkish companies, which have gained a strong position in their sectors. Our goal is to turn Turkish companies into the focus of attention of international funds, with their success in management, production, R&D and financing development within a certain period of time. In doing so, we draw strength from the world’s largest financial institutions.”
“We are looking for companies that are candidates to be among the exemplary organizations of the world”
Pointing out that their strategic and operational knowledge plays a distinctive role, SOS Investment Founder and Turkey Representative Oktay Kemal Özdemir said, “As SOS Investment, we are looking for companies that are candidates to be among the exemplary institutions of the world. In addition to capital investment, we can offer a wide range of financing that also allows for lending options. Turkey is a country that has already attracted the attention of many financial sources in the international arena and has made a name for itself globally with its innovation. By including Turkish companies that we can grow together with in our portfolio, we aim to play a facilitating role in announcing this potential of our country to the world. While doing this, we foresee to become one of the world’s leading and innovative private equity companies in the next five years by positioning the new generation artificial intelligence as a manager in our organizational structure and to increase our competitiveness in international markets, especially in Europe and America.
Investing in Europe and America
Stating that technologies developed above world standards, solution methods with superior features of artificial intelligence and investments will not be limited only to Turkey, and that successful works to be implemented in Turkey are also in serious need in Europe and America, Oktay Kemal Özdemir concluded his evaluations with the following statements: With this model we will implement, we will free the capital funds from the perception of ‘financial support’ and guide the companies we invest in to manage their operational processes with the latest technology artificial intelligence. We will diversify our investments in Europe and America with proven models.”
Source: Dijiport Medya
https://www.dijiportmedya.com/endustri-yatirim/sos-investment-turkiyeye-200-milyon-euro-yatirim-yapacak-h6549.html