Ünlü & Co.

Founded in 1996, ÜNLÜ & Co. is the leading merchant banking business in Turkey with its broad investment banking and asset management platforms.

DUNDAS ÜNLÜ & Co was founded in 1996 by Mahmut L. Ünlü, ÜNLÜ & Co’s current chairman. In 2002, DUNDAS ÜNLÜ & Co, expanded its operations by acquiring Işıklar Menkul, an intermediary. The non-performing loans unit of the company was established in 2003. A significant milestone was set in 2005, when DUNDAS ÜNLÜ teamed up with Lehman Brothers in the acquisition of the non-performing loans portfolio of Savings Deposit Insurance Fund, which led to the establishment of DUFDAS, the pioneering corporate distressed asset servicing company in Turkey.

DU Private Equity Fund, which is one of Turkey’s leading private equity funds, was founded in 2006. Following the growing success of DUNDAS ÜNLÜ, Standard Bank London Holdings Ltd. became a partner in 2007 by acquiring shares in the company from Alasdair Dundas and Tahincioğlu Group, which complemented the business with a global network and complementary debt products. The company was renamed “Standard Ünlü”. With the combined strength of two businesses, Standard Ünlü became the leader in investment banking services and asset management in Turkey.

Standard Varlık A.Ş. was established in 2009. In September 2009, PLATO Finansal Danışmanlık Servisleri A.Ş. was established to service retail and micro SME NPL portfolios. In October 2012, Mahmut L. Ünlü became the majority shareholder through ÜNLÜ Finansal Yatırımlar A.Ş. by acquiring Standard Bank’s shares in Standard Ünlü and renamed the group as ÜNLÜ & Co with a 75% shareholding. ÜNLÜ & Co continues to serve as the leading investment banking services and asset management group in Turkey. Mahmut L. Ünlü is acting as the Chairman & CEO of the company.