The selection criteria for our funds with respect to the target investments are as follow:
The selection criteria for our funds with respect to the target investments are as follow:
The people behind DTAV are (L-R):, Dali Sardar, Nikhil Kothari, KC Tan and Naim Yunus.
The team has more than 70 years of cummulative experience in the finance and venture capital sectors, and technology sector.
Dali Sardar (CEO) spent 15 years in Citigroup in both banking and investment. He was posted to Citigroup VC arm in New York after which he returned to head Citigroup VC unit in Malaysia. Some of the positions which he held in the past were the CEO of Utama Merchant Bank, the Chairman of MVCA (Malaysia Venture Capital Association) - for 3 years, the Executive Director of MGIC Berhad (KLSE Main Board Listing), and an Independent Director of Second Board Lii Hen Industries Berhad. He is presently an Independent Director of Chuan Huat Resources Bhd, a KLSE Second Board company.
KC Tan (COO) has 19 years of experience in a combination of corporate banking, stocks research and VC. His previous employment includes Corporate Bank Manager - Aseambankers (the investment banking arm of Maybank), Investment Analyst - GK Goh (Singapore stockbrokers), and Investment Manager - Citicorp Capital (Citigroup VC arm in Malaysia). Being one of the early founders of the Group, his passion lies in investment.
Naim Yunus (CTO) holds a PhD in Operations Research from Adelaide University, Australia. His experience includes being the CTO of Total E-commerce (a PCCW-Netcel VC joint-venture, based in Hong Kong), Consultant with Generics Group of Cambridge (UK), and Hagemeyer Cosa-Liebermann (Hong Kong), GM of HICOM Communications, and the first GSM Program Manager for Maxis. He has more than 20 years experience in the ICT sector. Naim also runs a (mostly harmless) website HERE.
Nikhil Kothari (CFO) is a Chartered Accountant with 20 years of experience working for major groups such as Asiatic (part of Genting), Hutchison (part of HK Li Ka-Shing’s Group) and Guolene (a subsidiary of Hong Leong). He has significant exposure to the plantation, the food & beverage and the manufacturing sectors.
DTAV will assume the role of an active investor on behalf of the Fund Company. Although DTAV is not likely to be involved with the day-to-day running of the business, it will be keeping close touch with the broad directions of the investee companies. In this respect, we wish to be intimately involved.
The partners of DTA have completed a total of 15 investments valued at MYR61.6 million (at point of invest). The deal size averaged MYR4.1 million with the largest being MYR14.0 million. The average IRR over a 5-year period is 19% gross. Industry exposure includes properties, manufacturing (electronics, plastics, food products and building materials) and trading (hardware and white goods).