About Us


Delta Capital Myanmar backs entrepreneurs and businesses, and helps build leading companies across sectors.

  • Since its launch in 2013 Delta Capital Myanmar has established itself as a leading private equity investor in Myanmar.
  • With assets under management of USD 120 million, an experienced in-country investment team, strong origination capabilities, and access to an extensive local and international network, we are well placed to gain from the expanding investment opportunities present across Myanmar’s frontier economy.
  • We work with companies' founders and management to build responsible businesses, creating value for shareholders and generating superior returns for our investors.


Our culture reflects that of SPA and LMC, two entrepreneurial organizations committed to building leading businesses in their markets, valuing professional excellence and integrity.




  • Founded in 1991 by Serge Pun, SPA is one Myanmar’s most prominent business conglomerates, engaged in businesses including property development, automobile distribution, food & beverages, banking & mobile financial services, healthcare, telecom infrastructure and agriculture.
  • SPA has been a local partner of choice for global corporates entering the Myanmar market and commands over 25 years of experience in successfully operating businesses in-country.



  • LMC is a pan-Asian investment company focused on direct investments, fund management and investment advisory with total asset under management exceeding USD 1.5 billion. Thomas Schmidheiny, former CEO & Chairman of Holcim Cement, who built the company across emerging markets and into the leading cement producer globally, is LMC’s major shareholder.
  • LMC is recognized as a pioneer in investing in emerging markets across asset classes, and has a track record of over 15 years in Asian private equity investments.