Myanmar-focused PE Delta Capital to close $50m for second fund by July

Photo: Juliet Shwe Gaung. Bogyoke Aung San market in Yangon.

In a market like Myanmar that contributes a marginal portion to Southeast Asia’s private equity (PE) deal value and volume, one of the nation’s few PE firms Delta Capital has deployed its first vehicle fully and is well on its way to raise $50 million for the second one by July — an indication that PE investment activity is slowly but surely picking up in the country.

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