What Happened to “Convergence”?

Central and Eastern (“Emerging”) Europe were among the most popular destinations for emerging markets private equity because of the “convergence” story. GPs and LPs were excited at how business between East and West would grow and synergize. How does the convergence story look now?

Privcap talked to veterans Baris Gen of the IFC, Robert Graffam of Darby Overseas Investments, and Ralph Jaeger of Siguler Guff & Company about why they remain bullish on the long-term opportunity in Emerging Europe.

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What Happened to “Convergence”?

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