The audited counterparty balance sheet behind Lane B. Published by the fund; the full report is attached and also available at tvf.com.tr.
Figures the fund reports for 2024, in its own numbers:
| Measure | 2024 | Growth |
|---|---|---|
| Total assets | TRY 12.7 trillion | 36% |
| Equity | TRY 2 trillion | 39% |
| Financial sector gross profit | TRY 303.7 billion | 32% |
| Non-financial sector gross profit | TRY 386.2 billion | 11% |
| Total profit for the period | TRY 371.4 billion | 16% |
| Employment across the portfolio | 188,631 people | — |
The portfolio spans seven sectors. Financial services carry 72.97% of total assets — Ziraat, Halkbank, VakıfBank, Borsa İstanbul and Türkiye Sigorta. Energy is 10.23% (TPAO, BOTAŞ, with 6.5 billion m³ of natural gas produced in the year), transport 10.79% (Turkish Airlines, PTT, İzmir port), technology 3.68% (Türk Telekom, Turkcell, Türksat), and mining and other 2.33%, including Eti Maden's position in global boron.
Two things in this report matter for the desk. First, the scale is real and audited: this is not a shell holding company but an operating balance sheet with bank-level and industrial-level cash flows. Second, the report shows an owner focused on consolidation, reporting and sustainability standards rather than on rotation — no disposal programme, no second-hand sale discipline, no external management partner. That is the gap Lane B addresses.
Source document published by the Türkiye Wealth Fund. The desk uses it as the counterparty's own account, not as an independent valuation; lira figures should be read against a currency that moved materially within the reporting year.