frontier markets

“Looking at frontier markets in Sub-Saharan Africa, I've had both phenomenal and absolutely awful experiences there. I would today absolutely put my money in it yesterday, given where valuations are, and if I'm a long-term investor, I do think it's gonna come b…”

“When you look at those markets, though, my counter would be, one, fund flows probably matter more than fundamentals. Two, things like rising US interest rates are particularly bad for emerging markets or speculative markets of any kind, but particularly emergi…”

“The dynamic that I think is different also in these markets relative to, let's say, the US or Europe is generally because these countries have not had a deep pool of funding available to them. The entrepreneurs from the get-go understand that basically they ha…”

“They were very early in the 19 nineties into private equity. They were also early into the aughts in emerging markets. And when I was there right after 2010, they were looking to pivot into the frontier markets.”