90 Days of the BV Portföy Gaming and Technology Variable Fund

BV Portföy Gaming and Technology Variable Fund, the first and only thematic fund in Turkey that invests a minimum of 80% of its portfolio in shares of local and global gaming and technology companies, has completed its first 90 days—offering investors the opportunity to become shareholders in some of the world’s leading gaming and tech companies and benefit from their growth.

Launched via TEFAS in March 2023, the fund was developed by BV Portföy, a subsidiary of Boğaziçi Ventures, Turkey’s leading venture capital firm supporting technology startups.

Prioritizing future-focused investments over conventional strategies, the BTE Fund builds its portfolio through careful selection of companies with strong potential for growth driven by innovation and technological transformation—not just by analyzing financials, but also by understanding the rules and dynamics of the gaming industry. This enables investors to diversify their portfolios while tapping into the long-term growth of the rapidly expanding gaming sector.

With extensive experience in gaming and technology, the BV Portföy team has constructed the fund’s allocation to provide investors exposure to high-performing companies aligned with gaming and technology themes. The BTE Fund offers access to world-renowned developers such as Activision Blizzard, Nintendo, EA Games, Take-Two Interactive, Nexon Games, and Tencent—creators of some of the most-played, record-breaking games worldwide. It also includes investments in companies like AppLovin, Douyu.com, and Huya Inc., which support the broader gaming and tech ecosystem.

During the second half of the year, the fund has strategically added companies expected to release highly anticipated games, while continuing to actively manage the portfolio with a focus on growth and return. Companies attracting global capital, independent of general economic cycles, remain under close observation within the fund’s investment universe.

The BTE Fund allocates at least 40% to international gaming stocks and at least 40% to local and global tech equities. Gaming stocks are selected from the Solactive Gaming Index, global tech stocks from the Nasdaq Technology-100 (NTTR), and domestic tech stocks from the BIST Technology Index. Built on a venture capital mindset, the fund blends Boğaziçi Ventures’ extensive expertise in VC fund management with the industry insights of its founding team—experienced and successful gaming and technology investors.

Barış Özistek, CEO of Boğaziçi Ventures, shared his reflections on the fund’s first 90 days:

“As a thematic fund built around a specific investment theme, BTE provides an exceptional option for investors who may not have deep knowledge of the gaming sector or enough time to conduct in-depth research. From day one, we assembled a highly skilled team of professionals experienced in gaming technologies and equity investments. All listed companies added to the portfolio—both local and global—were selected by our investment committee after in-depth analysis. We emphasized portfolio balancing, effective risk management, and continuous monitoring, leveraging financial data, trend analysis, global data platforms, and strong ties within the gaming ecosystem. Today, the fund is backed by a diverse group of investors, including individuals, pension and mutual funds, and holding companies. Within 90 days, BTE surpassed 200 investors.”

As technology continues to evolve rapidly, billions of users around the world are now spending significant portions of their free time playing games. Individual investors with accounts at brokerage firms or banks can easily include the BV Portföy Gaming and Technology Variable Fund, a TEFAS-listed variable fund, in their portfolios.

About BV Portföy:
BV Portföy Yönetimi A.Ş. (“BV Portföy”) establishes and manages venture capital investment funds targeting technology companies from early-stage to pre-IPO, along with thematic investment funds focused on technology equities and traditionally managed funds differentiated by technology. BV Portföy also provides fund establishment and management services regulated by the Capital Markets Law for both retail and institutional investors. It is a subsidiary of Boğaziçi Ventures.

About Boğaziçi Ventures:
Boğaziçi Ventures is a leading alternative investment firm focused on setting up and managing funds that invest in technology companies across various verticals and geographies. With over 100 tech investments, its team actively supports entrepreneurs on the road to international success through mentorship and knowledge transfer. The group also offers customized funds based on investor needs and provides custody services for digital assets.
More info: www.bogaziciventures.com