The NATO Innovation Fund has recruited Nur Özdemir to head its fund of funds programme, bringing in expertise from her previous role at the European Investment Bank. Özdemir previously worked with the EIB and its European Investment Fund, giving her significant experience in institutional investing and fund management across European markets.

This appointment signals NIF's ambition to strengthen its investment capabilities in deep technology and defense innovation. The fund of funds approach allows NIF to allocate capital across multiple venture funds and private equity vehicles, extending its reach beyond direct investments. Özdemir's background suggests she will focus on identifying promising technology startups aligned with NATO's strategic priorities.

The move reflects growing institutional interest in defense technology as governments seek to bolster domestic capabilities. With geopolitical tensions rising, defense tech has become increasingly attractive to institutional investors. NIF's fund of funds programme represents a strategic shift toward more diversified portfolio construction.

Özdemir's hiring demonstrates how public sector funds are competing for talent with private markets. Her experience navigating complex institutional frameworks will likely prove valuable as NIF builds relationships with venture capital firms across the transatlantic alliance. The appointment positions NIF to compete more effectively for quality investment opportunities in the defense technology sector.