NEW YORK--(BUSINESS WIRE)--The Turkish Investment Fund, Inc. (NYSE:TKF) (the “Fund”) announced today that its Board of Directors approved the liquidation and dissolution of the Fund, subject to stockholder approval at the meeting of stockholders to be held on June 21, 2017.
The Fund is a closed-end, U.S.-registered management investment company and seeks long-term capital appreciation through investments primarily in equity securities of Turkish corporations. Morgan Stanley Investment Management, together with its investment advisory affiliates, has 590 investment professionals around the world and $417.4 billion in assets under management or supervision as of December 31, 2016. MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.
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This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful under the securities laws of any such state.