Success Stories

Emma Delta Variable Capital Investment Ltd is a Greek-Czech joint venture that was the sole bidder in the acquisition of OPAP, one of Europe's largest listed betting firms. In October 2013, OPAP SA announced the transfer from the Hellenic Republic Asset Development Fund (HRADF) to Emma Delta Hellenic Holding Ltd of 105,270,000 OPAP shares, or 33.0% of the share capital of OPAP SA. Emma Delta Hellenic Holdings Ltd is 100% owned by Emma Delta Variable Capital Investment Ltd. Emma Delta Variable Capital Investment Ltd (the ‘’Fund’’) is a private company limited by shares, initially recognized to operate as an international variable capital company and designated as a Private International Collective Investment Scheme by the Central Bank of Cyprus under the provision of the International Collective Investment Schemes Law 47(I)/1999 (ICIS Law). On 24th July 2015, the Fund obtained authorization from the Cyprus Securities and Exchange Commission (‘’CySEC’’) to operate as an Internally-Managed Alternative Investment Fund with license number: AIFM09/56/2013 in accordance with Alternative Investment Fund Managers Law 56(I)/2013.

CyproFund is proud to be the Fund Administrator of Emma Delta Variable Capital Investment Ltd. The fact that Emma Delta Variable Capital Investment Ltd has chosen CyproFund Administration Services Ltd to act as its Fund Administrator is proof of our high quality service and professionalism. It is also a positive sign for the future prospects of the Cyprus fund market.


Why choose us?

  • The leading independent fund administration provider in Cyprus
  • We listen to our clients’ requirement
  • We are reliable and efficient
  • Experienced team of multilingual and highly skilled professionals
  • Extensive industry knowledge
  • We offer quality, practical solutions with a highly personalised service