WE INVEST BASED ON MACRO THEMES IN WHICH WE HAVE IDENTIFIED POSITIVE OUTLOOK FOR ENERGY AND INFRA-RELATED INVESTMENTS

India: Anti-corruption and Renewables Push
North Africa/ Middle East: Solar Boom and Diversification from Oil
Former Eastern Bloc and Balkans: Pro-business Banking & Growing Middle Class
Latin America: Regime Change & High LCOE
South East Asia: Taking Back the Pie from PRC