"To be successful in emerging markets, it is critical to manage volatility".

Timing

In emerging markets, timing and patience are key elements of the Private Equity and Real Estate investment process.

Conservative deal structuring

Significant swings in macroeconomic conditions and asset values require conservative capital structures.

Reasonable valuations

Prices and return prospects need to reflect adequately the inherent risks of investing in emerging markets.

Management post-close

The business plan execution and management post close is an integral part of the value creation process.

Alignment of interests

The interests of investors, fund manager and company management must be fully aligned pre and post-closing.

Exit discipline

Take advantage of exit windows without seeking to time the apex of the cycle.