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 TL 9 billion, involving close to 1 million borrower accounts at year end 2017. Under Actera’s ownership, Hayat Varlık has been transformed from a subsidiary of a larger international financial institution to the largest and only independent, institutionalized asset manager with collection capabilities in corporate, retail and SME loans.

In 2011, a minority stake was sold to EBRD.