Turquoise Partners


Turquoise Partners is an international financial services group based in Iran which was established in 2005 by a group of Iranian businessmen. Its activities include providing a wide range of financial services to foreign and domestic clients. The company is considered a pioneer in terms of managing foreign assets on the Tehran Stock Exchange. Turquoise manages around 90% of all foreign portfolio investment in Iran's capital market.

Iran Investment Monthly

Turquoise Partners produces a monthly electronic newsletter "Iran Investment Monthly" which provides the latest news on Iran’s financial market and economy in English.

Firouzeh Asia Brokerage

Turquoise has a majority stake in a fully licensed Iranian brokerage company, Firouzeh Asia Brokerage, which offers services such as trading, online trading and wealth management to both local and foreign clients. In February 2015, Firouzeh launched "Turquoise TSE 30 Iran Index ETF”, which will be mirroring the TSE 30 index which covers the top 30 largest companies by market capitalization on the Tehran Stock Exchange. It is Iran's first index ETF. This ETF is listed on the Tehran Stock Exchange under the ticker: فیروزه

Partnerships

In 2015, Charlemagne Capital in London and Turquoise Partners announced their partnership. Charlemagne has $2.5 billion assets under management. Together, they have set up funds in different sectors such as oil and gas, banks and retail in Iran worth $50 million.
In 2016, Turquoise announced that it will partner with Swiss bank REYL & Cie in Dubai in a $200 million Venture Capital fund focused primarily on consumer goods.