While initially advising corporate clients and family offices on their direct investments and acquisitions, Probel gradually developed into an investment advisory and asset management business.
Following the start-up in the Turkish market in 1991, Probel swiftly developed its business into emerging Europe, Russia and Central Asia. In 1999 Probel established a Dutch private equity management and investment advisory company and further expanded its business into the Netherlands , Belgium , France and the United States.