Myanmar PE firm Delta Capital hits first close at $30m for second vehicle

Myanmar focused private equity firm Delta Capital Myanmar, has achieved the first close of $30 million for its second fund that is targeting to raise $100 million by mid-2017, a top company executive told this portal.

Delta Capital’s second vehicle – Myanmar Opportunities Fund II – has seen investment from four leading European family offices (Industrialists), two Asian families that are into real estate and financial services as well as its sponsors, its managing partner Nick Powell said.

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