Delta Private Equity Partners currently manages two private equity funds, The U.S. Russia Investment Fund and Delta Russia Fund.

The U.S.Russia Investment Fund ("TUSRIF"), with $440 million of committed capital, was formed in Russia in 1995 under private management, but with the United States Government as its sole financial sponsor. TUSRIF’s mission was to promote the development of a free market economy in Russia by providing investment capital - equity and debt - to well-conceived, potentially high-growth entrepreneurial companies. This was to be combined with technical assistance to management teams seeking to grow productive, transparent and valuable companies. Once such a program was established and working well, the TUSRIF Board of Directors was to form a private successor fund. Additionally, it was to propose to the U.S. Government a plan for future use of the capital re-flows from TUSRIF’s successful investments, a plan that would seek to further accelerate entrepreneurship in Russia. TUSRIF’s investment cycle ended in summer 2004. Over $320 million was invested in Russian companies over a ten year period. With TUSRIF’s primary mission accomplished, a successor private fund, the Delta Russia Fund ("DRF"), was formed. 
In 2002, TUSRIF founded The U.S. Russia Center for Entrepreneurship ("CFE") to further support Russia’s emerging entrepreneurial culture by providing Russian entrepreneurs with the knowledge, skills and abilities to take their growing companies to a higher level. More information about the Center is available on www.cfe.ru.

Delta Russia Fund, a $120 million fund, was set up in June 2004. Its investors include both institutions and individuals from the U.S., Western Europe, Japan and Russia.