BLG Capital

What is BLG Capital?

BLG Capital is a private equity firm based in Istanbul, Turkey, with a specialized focus on real estate assets and companies. With a strategic investment thesis centered around equity investments, BLG Capital is actively involved in the real estate and construction industries.

Their expertise in the sector is demonstrated by their significant investment activities, which include a total equity invested amounting to $2.5 billion, as well as a management of assets that covers a substantial 25 million square feet area translating into a total capital responsibility of $8 billion.

BLG Capital takes pride in its ability to identify and execute high-end, lifestyle-focused projects that lead to substantial value creation for their investors and partners.

In the realm of hospitality, they have shown particular aptitude through successful deals and sales such as working on hotel deals in Milan, the sale of a stake in a multibillion-dollar Istanbul port project, and initiating sales at a residential tower in Lower Manhattan.

Examples of their significant investment projects include Galataport Istanbul, which is noted for its sustainable and environmentally friendly practices having achieved the LEED Platinum Certification – making it Turkey's largest LEED Platinum certified project and the largest in Europe.

BLG Capital's footprint extends beyond Turkey with investments in the United States, where they have projects like Aman New York and The Ritz-Carlton Residences, which reflect their international reach and commitment to luxury hospitality and real estate.

They maintain offices both in Istanbul and New York, facilitating their global operations and allowing them to tap into cross-border opportunities in the sector.