CCIR

DTCP, a leading technology, media, and telecommunications investment management firm with $1.7 billion of assets under management and advisory, is opening its fourth office which will be located in Seoul, South Korea, complementing its Hamburg,

Silicon Valley, and Tel Aviv offices.

The focus of the Seoul office will be to establish the DTCP brand in Asia and further build the company's global network in the technology and venture capital sectors.

Dillon Seo, an experienced technologist and one of the earlier Oculus employees, has joined DTCP as South Korea country manager.

Hamburg, Germany / Seoul, South Korea - 04 November 2019 - DTCP today announces it is opening an office in Seoul, South Korea. This will be DTCP's fourth office worldwide after Hamburg, Silicon Valley, and Tel Aviv, and is a natural step for the investment management firm after closing its second Venture and Growth Fund of $350 million in June of this year. DTCP has hired Dillon Seo, an experienced technologist and entrepreneur, to become country manager.

Since DTCP's inception, it has invested over $400 million in venture and growth-stage technology companies in Europe, the United States, and Israel. Its latest fund - Venture and Growth Fund II - counts SK Telecom and Deutsche Telekom as limited partner investors and corporate sponsors, amongst other corporate and institutional investors. The opening of the office in Seoul is part of DTCP's long-term plan to further develop its presence in Asia, and South Korea represents an ideal hub to other Asian markets. The new office will be located in the recently opened Centropolis building in downtown Seoul.

DTCP aims to expand its investment strategy into the Asian markets, employing the full technology and investment expertise of its global venture and growth team.