Western investors and Latin American are the “odd couple” of value investing.
In terms of geography, culture and even language they are quite close – especially when compared to other developed to developing economy situations. And you have a long history of personal relationships between the regions which is critical for cross- border deals.
Khrom Capital was up 32.5% gross and 24.5% net for the first quarter, outperforming the Russell 2000's 21.2% gain and the S&P 500's 6.2% increase. The fund has an annualized return of 21.6% gross and 16.5% net since inception. The total gross return since inception is 1,194%. Q1 2021 hedge fund letters, conferences and more Read More
And yet, Western capital and Latin American opportunities remain conspicuous far apart.
It’s a problem but its also an opportunity. This is the type of situation where trusted investors can add tremendous value.
In this vein, we spoke with Carlos Zalles of LW Investment Management. Mr. Carlos Zalles has been operating between the West and Latin America for over thirty years, with a strong focus on natural resources. We spoke with him about what opportunities he sees in Latin America today – and what his predictions are for the next 3-4 years.
Buffett in Beijing Report Oct 2012