Company

Built by people who have run the trade.

Treasury, emerging-market debt, structured finance and market infrastructure: the disciplines Tranchco is made of.

The yield has always been there. The architecture to hold it had not been built.

Tranchco builds institutional market infrastructure designed to operate through regulated funds, asset managers, banks and custody rails, so that global capital and local institutions can each hold the part of the trade they are positioned to hold. The company is being built across Singapore, Karachi and Istanbul; the first market is Pakistan, and Turkey follows.

The team has run treasuries, built emerging-market debt platforms from seed to scale, delivered cross-border digital-asset infrastructure, and worked inside the regulatory and governance systems of the markets Tranchco enters.

Leadership
Omer Ehtisham · Founder & CEO

Inventor of the PARK mechanism. Thirty years in global treasury, fintech and capital markets: led the IILM’s global sukuk issuance programme, delivering $3.1 billion, and earlier served as Treasurer of JS Bank and Head of Fixed Income at Crédit Agricole. Economist and historian, Brown University.

Zulfiqar (“Asim”) Ali · Co-Founder & Chief Investment Officer

More than thirty years in emerging-market fixed income and among the early pioneers of the institutional asset class. Most recently managed the Latin American component of PGIM Fixed Income’s $50 billion emerging-markets debt platform; earlier built Fort Washington’s emerging-markets debt business from a $100 million seed to $2 billion, ranked in the top 5% by eVestment. MBA, Saïd Business School, Oxford; BA, Brown University.

Markets, platform and governance
Kudret Vurgun · Country Head, Turkey

Thirty years in Turkish capital markets. Twenty-two years at Borsa Istanbul, eighteen of them as Director of Listing, responsible for the evaluation, admission and regulatory framework for several hundred listed companies. Founding Partner and CEO of Brista Capital Istanbul, advising on cross-border transactions and restructurings, and an independent board member. Leads Tranchco’s Turkish market, partners and structure.

Ayaz Waheed · Head of Digital Assets

A decade in fintech, payments and neobank delivery, including Mashreq’s digital bank in the UAE, spanning cross-border product and compliance.

Syed Nadir Shah · Strategic Affairs & Regulatory

Three decades developing and advising impact and private investment across emerging markets, with a long-horizon view of risk. Senior adviser to conglomerates and international investors, including Makara Capital, a Singapore financial services group, and The Atacama Group, focused on energy storage and logistics in Africa. Leads Tranchco’s strategic affairs and regulatory engagement.

Partners and infrastructure

What is in place.

Signed
Tier-1 Pakistani asset manager
Pilot partner for the Pakistan programme: distribution, regulatory standing and sovereign T-bill capacity.
Engaged
Structuring counsel
Offshore wrapper, onshore bankruptcy-remote SPV and the regulated conversion channel for the Pakistan pilot.
Contracted
Independent fund administrator
Daily NAV verification, reproducible from raw inputs, parameters, engine version and approval log.