Hamdi Uğur in a suit and tie in an office; black-and-white portrait

Current roles

Managing Partner · 2021–

Fideas

Strategy, financing, valuation and M&A advisory for institutions, start-ups and SMEs, including work with technology founders on business models, investment readiness and international growth.

fideas.com.tr (opens in a new tab)

Co-Founder · 2021–

Max Potential

Turkey’s first athlete incubator. It invests in the technical, mental, financial and social development of high-potential young athletes, currently working with athletes in volleyball, basketball, tennis and taekwondo.

maxpotential.pro (opens in a new tab)

Board memberships

Board Member and CFO · 2016–

Mora Capital

A venture capital vehicle I co-founded in 2016. It invested in Turkish SMEs as an equity partner, supported them financially and managerially, and has completed its investment period.

moracapital.com (opens in a new tab)

Projects

Author and instructor · 2026

Active

Paranın İlk Adımları

A financial literacy programme for young people

A 16-chapter Turkish-language financial literacy programme, from budgeting to investing and from credit cards to crypto, which I created for Max Potential athletes and also teach to other young people who ask for it.

I am an angel investor in a number of technology start-ups.

Past experience

  1. 2022

    Millennials Digital Inc.

    Strategy & Business Development Consultant (contract)

    Designed new business structures around Web3 and intellectual-property assets such as athlete contracts for a Los Angeles-based, blockchain-powered investment and asset management company.

  2. 2017–2021

    Beştepeler Enerji

    CFO and Board Member

    Led the post-acquisition reorganisation of a 24 MW geothermal power plant in Söke, overseeing finance, accounting, procurement, HR and IT.

  3. 2017–2019

    Feronia Portföy

    General Manager and Board Member

    A portfolio management company regulated by the Capital Markets Board of Turkey (formerly Troya Portföy), investing in renewable energy, infrastructure and real estate through venture capital investment funds (GSYF). Its first fund, Troya Yenilenebilir Enerji GSYF, was established in August 2017 as Turkey’s first renewable-energy-focused venture capital investment fund.

  4. 2014–2016

    Ata Yatırım

    Director, Corporate Finance

    M&A, project finance, corporate bond, sukuk and equity offerings; originating and executing new mandates.

  5. 2006–2013

    QNB Finansinvest

    Vice President

    Buy- and sell-side advisory on M&A, project finance, privatisations and IPOs; corporate bond and asset-backed securities issues; valuation reports.

  6. 2005–2006

    Ernst & Young

    Senior Associate, Transaction Services

    Buy- and sell-side financial due diligence for manufacturing and services companies.

  7. 2003–2005

    Deloitte

    Senior Auditor

    External and SOX audits for manufacturing, financial and services companies; IFRS and Capital Markets Board reporting.

Selected transactions

The transactions below are a selection of publicly announced deals on which I was part of the teams at the institutions concerned. The mandates belong to those institutions; the list is intended only to show the scope of my experience.

Mora Capital · Feronia Portföy

2016–2021

  • Acquisition of a 51% stake in Beştepeler Enerji (24 MW geothermal power plant) through Troya Yenilenebilir Enerji GSYF, Feronia’s renewable energy fund — led the acquisition process
  • Exits from Paleks (logistics) and Beştepeler Enerji, portfolio companies on whose boards I served

Ata Yatırım

2014–2016

  • Netlog Lojistik Hizmetleri’s bond issue, the logistics sector’s first in the Turkish capital markets

QNB Finansinvest

2006–2013

  • Privatisation of İDO İstanbul Deniz Otobüsleri — sell-side advisory to the Istanbul Metropolitan Municipality
  • Privatisation of the Türkşeker sugar factories (Groups B and C) — advisory to the Privatization Administration
  • Privatisation of Petkim — buy-side advisory to the SOCAR–Turcas Consortium
  • Halkbank secondary public offering — as part of the QNB Finansinvest team leading the consortium
  • Sale of Onur Air to a foreign strategic investor — sell-side advisory
  • Doğuş Holding’s marina investments in Greece — buy-side advisory
  • Bank bond issues for Fibabanka and Finansbank

Ernst & Young

2005–2006

  • HDI-Gerling International Holding AG’s acquisition of İhlas Sigorta — financial due diligence
  • Intercity — vendor due diligence