impact investing in the emerging markets
DESCRIPTION
David G. Creighton, President and Chief Executive Officer - Cordiant Capital Inc. - CanadaTRANSCRIPT
David G. CreightonPresident and CEO
Cordiant Capital Inc.
May 27, 2010
TBLI Conference Asia 2010:Impact Investing in the Emerging
Markets
Who is Cordiant?
• Montreal-based manager of Emerging Market private investment funds
• $2.4 billion raised since founding in 1999
• 160 investments in 55 emerging countries
• All investments screened for ESG with developmental impact reporting provided
Gas pipeline
RealEstate
Container Port Terminal
Oil & Gas
Tire plant
SupermarketsPower GenerationBankCar LeasingOutdoor Advertising
Power Transmission
Gold Mine
Stainless Steel
Hotels
Water Utility
GeothermalPowerGeneration
Pig Breeding
Chemicals
Wood Products
Cement
Soybean Crushing & Logistics
Private PowerGeneration
Glass Factory
Oil & Gas Pipeline
Car LeasingNecktie Manufacturer
Banks
Oil & Gas
Banks
Bank
Regional Infrastructure Bank – Latin America
Toll Road Operator
Fertilizers
Ammonia Plant
Gas power plant Cosmetic
packaging
Potash Mine
Oil & Gas
Oil & Gas
Construction
Building Material Manufacturer
Mobile Telecom
Bank
Diesel Power Generation
Galvanized Steel
Electricity Distribution
Gold mineOil & Gas
Electric Power Generation
Banks
ConsumerPaper
Steel
Petrochemicals
Petrochemicals
Mobile Telecom
Construction EquipmentLeasing
ContainerTerminal
4
• SRI – The Past
• ESG – The Present
• IMPACT – The FutureINVESTING
5
GeothermalPowerGeneration
Nicaragua
• Difficult sovereign risk• Lowest per capital income in
Central America• Power required for growth
6
Petrochemicals
Nigeria
•Security risk in Niger Delta•Gas being flared•Local population shares ownership•Risk reduced, profit increased
7
ContainerTerminal
Vietnam
•Ho Chi Minh growing rapidly•Exports being constrained•New facilities will have extensive developmental impact
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Forward Looking Investments Have:
•Developmental Impact
•Reduced risk due to local ‘buy-in’
•Sustainable model