I wrote a chapter on private equity in the Middle East and Asia for this book by Darek Klonowski. Available on Amazon and Barnes and Noble.
South Korea is one of those economies that global value investors pay attention to. It is export-driven. It is relatively small. And it sits adjacent to emerging market behemoth China. The entire economy could almost be considered a cross-border special situation. In this, it has a lot of inefficiencies that global value investors hunt for. This month we […]
It turns out the West’s most successful export has been entrepreneurial capitalism. From Brazil to Beijing, we are seeing a sea of companies emerging out of the developing economies. They are often family-owned. They are usually small cap. They are frequently traded on highly volatile local exchanges. And they are increasingly developing surprisingly strong competitive moats […]
The Middle East is an unusual emerging market. It attracts investors with its oil wealth (+40% of the world’s proven oil reserves). Its consumer and competitive dynamics are fairly stable and predictable. And it has a +70-year history of successful deals with Western partners. All of these things make it particularly attractive and manageable for […]