Elsewhere online
August 19, 2015

Turkish Mogul Donates $20 Million to Aid Syrian Children

A Turkish investor has pledged $20 million to expand Relief International's work on behalf of children affected by Syria's civil conflict, the humanitarian agency announced.

Sezgin Baran Korkmaz will work with the aid group on a five-year program to build schools and health centers, launch social ventures, and provide other support for Syrian youths now spread across the Middle East.

Mr. Korkmaz is the founder and chief executive officer of SBK Holding, which invests in distressed companies and bank assets with an eye toward turning them around. Washington, D.C.-based Relief International said he will be a "strategic partner" in the Syria effort, offering "support locally to develop innovative solutions for delivery of more efficient and effective relief initiatives through the region."