Why Frontier and Emerging Markets?

  • Rapidly growing middle class
  • Positive demographic dividend
  • New south-to-south trade partners
  • Greater urbanisation

Why private equity

  • Benefits from market inefficiencies
  • Accesses the “real” economy
  • Offers attractive valuations and illiquidity premium
  • Displays valuable diversification

Why small to mid-market companies?

  • A large variety of investable opportunities, lower entry multiples
  • Long term determination to grow
  • Potential to add significant financial, social and environmental value