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Open land and a winding road at first light

Delta Rock® Thesauros™ Fund

People First.

When a mill, a mine or a plant closes, a town loses more than jobs. Thesauros™ brings the next generation of investment to those towns, and we do it alongside the people who live there.

The Thesis

Compute Needs A Place To Land. Towns Need A Second Act.

Across America there are towns that fed, powered and built this country. Many have watched their largest employer close and their young people move away. The people who stayed kept the schools, the churches and the main street going.

The buildings that run artificial intelligence have to go somewhere. We believe they belong in places like these, where the land, the power and the work ethic already exist, and where the investment will mean the most.

Thesauros™ exists to bring that investment home, on terms the community sets.

The Change

Technology Should Serve People And Revitalize Communities.

Artificial intelligence is changing how people work and live. Some welcome it. Many are uneasy, and they have reason to ask who it is for. We are building the ground it runs on, so we owe a plain answer about where we stand.

This technology is arriving whether or not any one town takes part. A community can have it happen around them, or they can have a seat at the table and a share in what it creates. We work for the second outcome.

We believe people direct and technology serves. A data center is a tool. Its worth is measured in the family that keeps its home, the tradesman who finds work close by, and the main street that comes back to life.

Few investors in this field describe their work this way. We do, and we expect to be held to it.

Start With The People Who Live There.

A county has schools to fund and a water supply to look after. Families may have lived there for generations. These are the people who will live with the result of a development, long after the plans have been approved. We approach every project with that responsibility in mind. It is how Delta Rock believes things should be built: on the rock, not on the sand.

Take The Concerns Seriously.

Water use, electricity bills and noise are reasonable concerns. So is the worry that a large company will receive tax breaks without delivering what it promised. We address those questions early because they matter to the people being asked to support the project.

Explain The Proposal.

We meet with commissioners, town councils, landowners and neighbors. The discussion covers what would be built, what resources it would use, what it would pay and the limits of the proposal. People should be able to ask difficult questions in public and hear the answers for themselves.

Understand Local Priorities.

Dependable county revenue matters. So does work for local trades, and the chance for young people to find a future close to home. We shape our projects around those needs.

Keep Someone Local Responsible.

Every project has a local partner who lives nearby and will still be there when the building opens. There needs to be someone in the area who will answer for the work.

The Community

What A Project Can Bring

A data center development can add substantial investment to a county's tax rolls. Construction can provide years of work for local contractors and crews, with skilled permanent positions once the facility opens. Other local businesses can benefit from the investment as well.

For a county that has lost a mill, mine or plant, those opportunities carry particular weight. A project can help bring work back to a place where families want to stay.

The Name

Thesauros™. The Storehouse.

We chose Thesauros™ (θησαυρός), the Greek word for treasure and for the storehouse where it is kept. It is also where the English word "treasure" comes from. The name reflects a verse that matters to us:

"For where your treasure is, there will your heart be also."
Matthew 6:21

A data center holds valuable information, but the treasure we had in mind is the community around it. People have put years into their homes, businesses and families. A project should respect what they have built and give them a reason to welcome what comes next.

How We Approach A Town

In The Open

Approvals belong to the county and its public process. We bring our proposals to public meetings and work on the county's terms.

Straight About The Facts

We say only what we can document, about power, water and everything else.

Patient

We take the time a community needs. A project rushed past the people it affects is built on sand.

We prepare the ground. The community decides what is built on it.

The People Behind Thesauros™

We come from family businesses, small towns and the trades as well as from technology. Each discipline a project requires is covered by someone with experience doing that work.

Technology And Engineering

Software and systems have been part of our businesses for more than twenty years. We build and operate our own platforms and research lab. That work gives us a practical understanding of the equipment inside a data center.

We are active members of IEEE, including its Control Systems and Robotics and Automation societies, and of BICSI, whose standards govern data center design and cabling.

Industrial Design And Engineering

Our industrial design experience spans nearly two decades. It includes patented inventions and products behind more than a billion dollars in sales. We have worked alongside engineers and municipal officials throughout that time, taking designs from drawings through approval and into the field.

Power And Utilities

Power decides whether a project can move ahead. We understand how utilities serve large users and what it takes to earn a firm commitment.

Real Estate And Land

The team's background includes leadership of a century-old family enterprise in building supply, truss manufacturing and construction equipment, employing hundreds of people.

Our property experience covers real estate development, commercial holdings and large-scale timberland investment in Florida and the surrounding region. We understand land, and we know the people who own it.

Municipal Experience

Our municipal work spans nearly twenty years with counties, towns and their boards. We understand what staff need before they can recommend approval and how a commission meeting runs.

Public Communication

With decades of brand and communications work behind us, we understand how much depends on the way a project is introduced. We prepare for the public discussion as carefully as we prepare the site plan.

Capital And Development

We have direct relationships with the developers who build and operate data centers, and with the capital behind them.

Talk To Us About Your Community

If you represent a county or a town, own land, work for a utility or need a site for development, we would be glad to hear what you are working on.

Delta Rock® Capital Management, LLC ("Delta Rock") manages the investment funds and series described on this website. The contents of this website are for informational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security or investment product, nor investment, legal, or tax advice. Any offering of interests in any fund or series is made only by means of definitive offering documents, provided separately to investors who meet the eligibility requirements stated in those documents under applicable U.S. securities law, and those documents govern in all respects. Interests in private funds are illiquid, are not insured by any government agency, and involve substantial risk, including the risk of total loss of principal. References to specific companies, sectors, strategies, or market conditions are illustrative and do not represent a recommendation or an offer with respect to any particular investment. Statements regarding future events, including a company's prospects or the timing or likelihood of a public listing, are opinions, are forward-looking, and may not occur. Past performance is not indicative of future results. Advisory and acquisition activities described on this website are conducted only under written agreement. See our full disclosures.

Contact

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