Investment Platform Design
Investment Platform Design — fund formation and the pipeline to deploy it
Vehicles had to be structured and stood up, then investable deal flow had to be built for them. The work connected institutional capital formation directly to the venture pipeline.
The fund-formation record below is presented in U.S. dollars and separates completed closes from active mandates. Forged Catalyst supports, structures and advises fund formation; it does not supply or directly raise the underlying capital.
- Client Type
- Fund Formation / National Innovation Program
- Sector
- Investment Platform Design
- Engagement
- Investment Platform Design / Commercialization Infrastructure
- Horizon
- 2015–present
$115M+
Completed fund closes supported
≈$61.5M
Turkey final closes (€52.54M: DCP €30M, ACT €22.54M)
$56M
Separate completed fund
120
Projects sourced from 10 technology-transfer offices
$135M+ across completed and active fund formation
$115M+
Completed fund closes supported
$16M
Fund currently under development
$6M
Donor-advised-fund-based vehicle currently under development
Active mandates are under development and are not closed.
Euro amount converted using the European Central Bank reference rate published August 21, 2026. Dollar value is approximate. European Central Bank reference rate.
Problem
- National technology-transfer capital had to be structured and stood up before it could be deployed.
- Technology-transfer offices varied widely in commercialization and market-validation capacity.
- Fund formation, training, and deal sourcing were treated as separate activities rather than one conversion system.
Intervention
- 01
Fund Creation
Co-created and helped operationalize DCP and ACT, the two technology-transfer venture funds under the TTA Turkey mandate.
- 02
National Architecture
Helped shape the logical framework, delivery methodology, and institutional roles for the advisory program.
- 03
Capacity Building
Adapted live-case commercialization training for technology-transfer staff, researchers, and entrepreneurs.
- 04
Venture Pipeline
Created a structured sourcing, selection, and eight-week market-validation process connected to the fund managers.
Result
- $115M+ in completed fund closes supported: final closes totaling €52.54M in the Turkey example — €30M (DCP) and €22.54M (ACT), approximately $61.5M — plus a separate $56M fund
- $135M+ across completed and active fund formation, adding a $16M fund and a $6M donor-advised-fund-based vehicle, both currently under development
- 120 technology projects were sourced from 10 technology-transfer offices
- 20 projects were selected for an eight-week intensive market-validation process
- EIF reported that the two Turkey funds had invested in 27 proof-of-concept projects, startups, and early-stage enterprises by the end of 2016 — a program-level outcome
Attribution & Disclosure
- TTGV
- Bpifrance
- VentureWell
- TÜBİTAK
Heath Naquin served as the named Training Expert / Key Expert 2 within the consortium. EIF managed the program on behalf of the relevant public authorities.
Capabilities Applied
Sources
Completed closes are distinguished from active mandates throughout. The $16M fund and the $6M donor-advised-fund vehicle are current mandates under development and are not closed. Turkey figures are EIF-reported program-level outcomes delivered within a multi-organization consortium; institutional names describe program context and do not imply endorsement.
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