Reposted from Asia Venture Capital Journal

Private equity deal flow in Mongolia, Cambodia and Laos has gone from zero to a steady trickle. When can the region’s frontier markets turn this potential into real momentum?

Asked to define “frontier” private equity firm’s investment rationale, Douglas Clayton, founder of Cambodia-based Leopard Capital, says: “Risks tend to be as overrated in many frontier markets, as they are underestimated in developed economies. This is because analysts in developed countries rate the risks, and are uneasy with anything unfamiliar.” More…