Delta Partners

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The proposed project is an investment of up to US$20 million in equity, not to exceed 20% of total fund commitments, in Delta Partners’ Emerging Markets TMT Growth Fund II, L.P. (“the Fund”), a private equity fund sponsored by Delta Partners Group (“Delta”). Delta is seeking to raise US$350 million of aggregate commitments for the Fund, with initial closing targeted at US$100 million and a hard cap at US$500 million. The Fund will invest in Telecoms, Media, and related Technology (“TMT”) companies in Africa, Central & Eastern Europe, the Middle East, and South East Asia, and will provide expansion and growth capital through equity and equity-related investments to a diversified portfolio of private TMT businesses such as broadband & data access, corporate ICT & data centers, localized new media, and network optimization technologies. The Fund may also invest in debt securities that have equity-like returns or an equity component, or are related to its equity investments.