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ATA INVEST ATA INVEST PROFILEPROFILE
New York - Istanbul - Dubai
November 2007
PART IPART I
Overview of Ata Finance Group & Ata InvestOverview of Ata Finance Group & Ata Invest
3
Overview / Ata Finance Group
There are four financial services companies under Ata Finance Group umbrella..
Controlling parent, focused on investment banking and wealth management.
Online Brokerage, focused on Retail Investors
Asset Management, focused on Retail and Pension Fund Management
Closed-end Fund Management (Listed on ISE)
The first “Turkish Investment Banking” operation in Dubai
4
Ata Invest / International Network
New York - USA
Established in 1996 via Agency with AGC
Focus : Equity Brokerage & Private Placement
Client Base : End Clients
Coverage : North America
Istanbul - Turkey
Established in 1991 via HQ Office
Focus : Equity Brokerage & Financial Advisory
Client Base : Brokers and End Clients
Coverage : United Kingdom
Dubai - UAE
Established in 2006 full subsidiary of Ata Invest
Focus : Advisory
Client Base : End Clients
Coverage : Gulf cooperation Council Members
Frankfurt - Germany
Established in 2006 with Sal Oppenheim
Focus : Equity Brokerage & Private Placement
Client Base : End Clients
Coverage : Continental Europe
5
Overview / Ata Invest – Business Model
Ata Invest completed the spin-off of its retail distribution platform and asset management business units and re-defined its business: Wealth Management and Investment Banking.
Until 2001...
Full-service brokerage house
2001 and onwards...
Wealth management & Investment Banking
Customer Customer NeedsNeeds
Services:
• Equity brokerage (local & international)
• Fixed income securities trading
• Mutual funds management
• Corporate finance
• Private equity
• Research
Services:
• Wealth Management to high-net-worth investors
• Investment Banking to local and international corporate clients
• Customer sophistication
• Convergence in financial services
• Higher efficiency and better service through segmentation and specialization
• Alternative corporate advisory services
Strategic alliances established:
• Imperial College, London
• IBS Research & Consultancy, Istanbul
• TicaretNet, Istanbul (Group company)
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Overview / Ata Online – Business Model
Ata Online is a “one-stop shop” for financial services needs, as a part of the Multi Channel Offering strategy of Ata Finance Group. These services, some backed by strategic alliances, are available via Internet, call center and IVR.
ATA ONLINE
Core CompetenciesCore Competencies
Customer Customer NeedsNeeds
Strategic Strategic AlliancesAlliances
• Electronic Bill Payment
• Credit Card
• Insurance
• Tax Advice
• 3rd party research
• Business, content
• Brokerage 1st online broker in Turkey providing integrated financial services International equity trading through Instinet (postponed)
• Asset Management / Distribution
1st non-bank fund manager Fund market coming soon
• AIG Insurance
• Datascope
• Garanti
• Knight Securities
• Taylor Nelson Research (TNS)
• Yurtiçi Kargo
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Core competencies developed:
• Proven Track Record
• Solid Performance
• Wide Range of Services
• Part of a Multi Channel Network
• Backed by Professional Research
• Ready & Proven Technology Infrastructure
• Business Excellence
Overview / Ata Asset Management – Business Model
Ata Invest spun off its asset management business unit in early 2001 in order to better meet customer needs and to exploit new opportunities of private pension funds system.
Customer needs:
• Transparency
• Wide Range of Service
• Prudence
• Professional Research
• Customized Reports
Strategic alliances established:
• Isvicre Insurance (1993 - 2000)
• AIG Insurance (1999 - to date)
• Koç-Allianz Insurance (2000 - 2002)
• Ankara Pension (2003- to date)
Until 2001...
A family of funds established and managed under Ata Invest
2001 and onwards...
Product diversification and new value-add services under a
newco
Customer Customer NeedsNeeds
Current Portfolio of Open-end Mutual Funds in the
Market
International FundsInternational Funds
Offshore FundsOffshore Funds
Private Label FundsPrivate Label Funds
Financial Financial ConsultancyConsultancy
DiscretionarDiscretionary Portfolio y Portfolio
ManagemenManagementt
Mutual Mutual Fund Fund
ManagemenManagementt
Pension Pension Fund Fund
ManagemenManagementt
Pro
du
ct
div
ers
ificati
on
New
valu
e-a
dd
serv
ices
PART IIPART II
Investment Banking (IB) Capability of ATA InvestInvestment Banking (IB) Capability of ATA Invest
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IB Capability of Ata Invest / Ata Invest Services
Private Equity
Consultancy
Public Offerings
Private Placement
M&A
Privatization
Real Estate
Convertible Bonds
Mezzanine Finance
Financial AdvisoryEquity Capital Markets Debt Capital Markets
Investment Banking Capability through 13 years of consistent operations, continuity of senior management, focused approach and customized market solutions (hence the success of Ata Private Equity)
Institutional, macro economic, industrial and corporates Research Capability through 15 years of consistent operations
Excellent Relationships with State (Privatization Administration, Capital Markets Board, Treasury), Leading Corporates (Alliances and JVs) and International institutional/financial investors
Corporate Bond
Real Estate
Since 1994, Ata Invest has;
• Underwritten and distributed the shares of 60+ companies via IPOs & SPOs,
• Structured, executed and managed several private placements.
Since 1994, Ata Invest has;
• Structured and executed a wide range of domestic & international M&A transactions,
• Taken part in 25% of all “Private Equity” projects as the first Turkish EVCA member,
• Provided services in several privatization projects on both "buy-side" and "sell-side”,
• Completed several consultancy projects, where the scope of work included feasibility studies, strategic planning, sectoral analysis, investor relations, project management and financial restructuring.
• Ata Invest provides a property solutions platform where real estate expertise is combined with the investment banking capability to create ‘one stop shopping’ opportunity to clients investing in Turkish Real Estate Market.
• Ata Invest’s strategic alliance brings its broad knowledge and experience in Turkish real estate market along with its strong local contacts.
• Ata Invest leverages on its strong position in Financial Advisory and Equity Capital Markets to produce customized solutions to customers with the inclusion of the new debt instruments in alliance with top quality institutions.
• Launched ‘Equity Linked Financing Services’ in alliance with a major Partner,
• Will launch ‘Corporate Bonds’ financing in 2007 in alliance with a major Partner,
• will launch ‘Private Mezzanine’ financing services in 2007 in alliance with a Mezzanine Fund.
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IB Capability of Ata Invest / Private Equity
Sparx-Nomura
Sell-Side Advisory
1995
Sell-Side Advisory
1997
Safron Advisors
Buy-Side Advisory
1998
Buy-Side Advisory
1999
Accelerated Book-Building
2004
Accelerated Book-Building
2006
AIG Blue Voyage Fund
Strategic Advisor
2000 - 2006
Sell-Side Advisory
2000
Sell-side Advisory
Pending
Project
“Mortar-ETI”
Buy-side Advisory
Pending
Project
“Bazaar”
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Buy-side Advisory
2006
Buy-side Advisory
2006
Buy-side Advisory
2000
IB Capability of Ata Invest / Mergers & Acquisitions
Sell-side Advisory
1995
Sell-side Advisory
2000
Buy-side Advisory
2005
Sell-side Advisory
2004
Buy-side Advisory
2005
Buy-side Advisory
2007
Sell-side Advisory
2007
Buy-side Advisory
2007
Buy -side Advisory
2007
Project Hittite
Project Mattise
Buy-side Advisory
2007
Project Topkapi
Buy-side Advisory
2006
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IB Capability of Ata Invest / Privatization Advisory
Buy-Side Advisory
1995-1997
Sell-Side Advisory
1998-2003
ÇAYCUMAÇAYCUMA
Sell-Side Advisory
1998-2003
BOLUBOLU
Sell-Side Advisory
1998-2003
AFYONAFYON
Sell-Side Advisory
1998-2003
BALIKESİRBALIKESİR
Sell-Side Advisory
1998-2003
AKSUAKSU
Sell-Side Advisory
1998-2003
İZMİTİZMİT
Sell-Side Advisory
1998-2003
KASTAMONUKASTAMONU
Sell-Side Advisory
1998-2003
DALAMANDALAMAN
Sell-Side Advisory
1998-2003
AKDENİZAKDENİZ
Buy-Side Advisory
2005
Buy-Side Advisory
2005
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IB Capability of Ata Invest / Consultancy
1995-2002 1997-2000 1998 1998
1998-2002 1999 2000 2003
2004 2006 Pending
Project “Monet”
2007
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IB Capability of Ata Invest / Public Offerings Pre-2000
1994 1995 1995 1995 1996 1997 1998
1994 1995 1995 1996 1997 1997 1998
1995 1995 1995 1996 1997 1998 1998
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IB Capability of Ata Invest / Public Offerings 2000 – 2004
2000 2000 2000 2000 2004 2004
2000 2000 2000 2000 2004 2004
2000 2000 2000 2000 2004 2004
2000 2000 2000 2002 2004
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IB Capability of Ata Invest / Public Offerings Post-2004
2006
2006
2006
2006
2005
2005
2005
20062005
2006
2006
2007
2007
2007
2007
2007
2007
2007
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IB Capability of Ata Invest / Privatization – SPOs
SPO
1998
SPO
2006
SPO
2000
SPO
2000
SPO
2005
SPO
2004
Türkiye İş BankasıTürkiye İş Bankası
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IB Capability of Ata Invest / Research
Ata Invest is one of the top local research houses...
According to AQ Research Ata Invest is;
No: 1 in 2005 in Turkish Mid Cap Recommendations
No: 1 in 2005 in Turkish Small Cap Recommendations
No: 1 in 2006 in Turkish Small Cap Recommendations
Product Diversity
32 reports of varying frequencies on key ISE companies and sectors, financial markets, macroeconomic and political developments.
Electronic Distribution
Bloomberg www.bloomberg.comMultex www.multex.comInternet Securities www.securities.comI/B/E/S International www.trapeze.net
Ata Invest‘s research reports can legally be distributed in the USA.
Ability to initate new sector coverage (ie: Software, Internet and Telecom)
BrokerOverall
Average RQNo of Recs
No of Highest
RQs
Rec Type
Ata Invest 26.87 12 3 Ab
EFG Istanbul 24.99 12 5 Ab
Raymond James 17.88 11 1 Ab
Smith Barney 15.33 6 2 Ab
TOP RQ BROKERS (MIDCAP): 5 ELIGIBLE
Source: European Midcaps Yearbook 2005 and European Smallcaps Yearbook 2007 published by AQ Research Ltd.
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IB Capability of Ata Invest / Recent Conferences
17 December 2006
• Organized by Ata Invest
• Participants were 6 of the biggest companies in Turkey and also Privatization Administration
ParticipantsParticipants
Ali Babacan, Minister of State for Economic Affairs
Metin Kilci, President of Privatization Administration
Erdoğan Bayraktar, President of Housing Development Administration
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IB Capability of Ata Invest / Recent Conferences
• Organized by Ata Invest & Auerbach Grayson
• Participants were 12 of the biggest companies in Turkey.
Participant CompaniesParticipant Companies
TURKISH INVESTOR CONFERENCE 2006 New York (October 30-31)
BANKING ON TURKEY 2006 London (October 18)
“Banking on Turkey” conference, organized by İşbank, Ata Invest , DEİK, The Banker, Foreign Direct Investment and Financial,
SpeakersSpeakers• Ali Babacan, Minister of State for Economic Affairs
• İbrahim Çanakçı, Undersecretariat of Treasury
• Tevfik Bilgin, Chairman, Banking Regulation and Supervisory Agency
• Doğan Cansızlar, Chairman,Capital Markets Board of Turkey
• Kadir Topbaş, Mayor of Istanbul Metropolitan Municipality
• Aykut Demiray, Deputy CEO, IS BANK
• François Gamet, Director Energy Finance, Standard Bank Plc
• Mehmet Sami, Executive Board Member, Ata Invest
• Murat Özgen, General Manager, Is Venture Capital
• Metin Mansur, Chairman of DEIK/Turkish British Business Council
• Mehmet Şimşek, Head of Fixed Income Strategy&Economics Research for Emerging EMEA, Merrill Lynch
• David Brewer, Alderman,Lord Mayor of the City of London
• Yolanda Courtines, Vice President, JP Morgan
• Metin Ar, Predident and CEO,Garanti Securities
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IB Capability of Ata Invest / Conferences & Roadshows
Recent Individual Roadshows & Private Placements:Recent Individual Roadshows & Private Placements:
January 2005
January 2005 1997-2007
ATAATAAnnualAnnual
StrategyStrategyRoadshowRoadshow
October 2005
March 2005
May2006
May 2006
TURCASTURCAS
Organized by Ata Invest & Auerbach Grayson
Held in New York City on November 7th & 8th, 2005
Representing 20% of ISE Mcap
Meeting with nearly 40 institutional Investors (combined AUM of 2.5 Trillion $)
New York - Istanbul - Dubai
www.atainvest.com
Address : Emirhan Cad. No: 145/A Atakule Kat: 11 34349 Balmumcu İstanbul
Tel : +90-212 310 6250
Fax : +90-212 310 6259
Address : Emirates Towers Level 41 Sheikh Zayed Road Dubai U.A.E
Tel : +971 50 348 5575
Address : 25 West 45th Street New York NY 10036 USA
Tel : 1-212-557 4444
New YorkAuerbach Grayson & Company
İstanbul Dubai