Formerly a Lehman Brothers subsidiary, Hayat Varlık is the leading non-performing loan purchasing and collection company in Turkey with an unpaid loan balance of more than TL7.6 billion, involving close to 1,500,000 receivable files at year end 2015. Under Actera’s ownership, Hayat Varlık has been transformed from a NPL processing unit of a larger organization to an independent multi-segment asset manager with collection capabilities in corporate, retail and SME loans.

In 2011, a minority stake was sold to EBRD.