Showing the Frontier Spirit in Emerging Markets
“We are starting to see version 2.0 of private debt investing,” says Jim Sosnicky, Vice-President of Cordiant Capital, which reached a $350 million close on its fourth emerging loan fund last year. “The DFIs were early supporters, who provided proof of concept and have shown that companies in emerging markets are investable. Now, as funds have built up a track record, private LPs are starting to take notice.”
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