Emerging-markets impact investors turn away from small businesses, at their peril

More capital than ever is being raised by emerging-market private equity and venture capital funds. But less of it is going to small and growing businesses. The trend suggests “the missing middle” is still missing. The gap could choke off the pipeline for larger, later-stage impact investments in emerging markets, as well as a key … Continue reading Emerging-markets impact investors turn away from small businesses, at their peril