DUBAI, UAE, January 30, 2013 /PRNewswire/ --
Delta Partners, the leading TMT management consulting and investment specialist in high-growth markets is pleased to announce that the Dubai Financial Services Authority (DFSA) has granted it two licences this week.
The first licence, a 'Category 3' licence, was granted to Delta Partners Capital Limited, a company incorporated in the Dubai International Financial Centre (DIFC) that will carry out the investments business of Delta Partners. The licence will allow the firm to provide the financial services of advising on financial products and credit, arranging credit and deals in investments and managing assets.
Geoffrey D. Fink, Managing Partner and Head of Investments at Delta Partners Capital Limited said, "We are delighted that Delta Partners Capital Limited has been granted its Category 3 licence by the DFSA, which is widely recognized as the leading financial regulator in the Gulf region. This is evidenced by the top-tier global institutional investors that we have been able to attract to our new emerging markets TMT growth capital fund, all of whom were very comfortable investing with a DFSA-supervised manager."The second licence, a 'Category 4' licence, was granted to Delta Partners Corporate Finance Limited, a company also incorporated in the DIFC that will be responsible for conducting corporate finance business for Delta Partners. The licence will allow the firm to perform the financial services of advising on financial products and credit and arranging credit and deals in investments. Federico Membrillera, Managing Partner and Head of Corporate Finance at Delta Partners Corporate Finance Limited, is also proud to be part of such a reputable financial centre saying, "Delta Partners Corporate Finance Limited is very pleased to be part of the DIFC and be regulated by the DFSA, a highly respected financial services regulator. This is yet another step towards strengthening Delta Partners' broad platform, delivering high quality advice in the TMT space."