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Delta Capital Myanmar plans to raise $100m for third fund

Investor eyes deals in telecom, finance, logistics and health care sectors

Delta Capital Myanmar's managing partner believes the pandemic is a good time to invest in the country, as opportunities are opening up in sectors such as health care and logistics.   © Reuters

HANOI -- Delta Capital Myanmar is seeking to raise $100 million for its third fund, which will target bigger deals in the frontier market, according to managing partner Nick Powell.

Delta Capital Myanmar has started talking to existing limited partners as part of the fundraising process and expects to hit the first close in March 2021, Powell told DealStreetAsia.

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