Abraaj Group expects to complete at least four or five acquisitions in Turkey in the next two years, a senior executive told Reuters on Tuesday, despite the political turmoil currently dominating the country.

The comments, by Selçuk Yorgancolu, regional head of Turkey and Central Asia at the emerging markets-focused investment firm, came on the day it announced it had closed to new money its first dedicated Turkey fund worth $526 million.

While Turkish officials have said they foresee no impact on the economy and investment climate, the upheaval in Turkey following the failed coup attempt on July 15 has shaken many foreign investors and stoked fears that political instability will weigh on Turkish financial assets in the coming period.

READ FULL ARTICLE HERE