Our Investment Thesis | GP Led Capital Across Real Assets

Our thesis Insight & Pre-Memo About Connect

Investment Thesis

Perceived risk in emerging and frontier markets is overstated. The real constraint is the absence of frameworks that align governments, development finance institutions, operators, and global capital. Governments face fiscal pressure and shifting policies but continue to seek growth. Development finance institutions provide credibility but move slowly and often through consensus. Traditional investment firms prefer regulated markets where they can scale quickly and exit cleanly. Institutional investors observe this gridlock, assume risk is too high, and hold back.

The barrier is not risk but fragmentation. When these actors move separately, capital cannot flow even when opportunities are clear. When structured together, each gains what it otherwise lacks. Governments accelerate growth when investment is directed into projects that expand domestic capacity. Operators, in turn, participate because frameworks link continued access to measurable improvements in infrastructure, services, and local value creation. This alignment turns natural resource wealth and market participation into a catalyst for broader economic development. Development finance institutions fulfill their mandates by mobilizing private capital instead of substituting for it. Institutional investors gain structured exposure to less saturated markets where inefficiency and rising demand still generate growth absent in mature economies.

SKGP’s role is to design frameworks at the control points where markets are governed and flows are determined. We turn opaque or underdeveloped systems of access, pricing, and allocation into transparent and durable platforms. By working with governments, we translate national priorities into investable rules that attract capital without undermining sovereignty. By embedding DFIs into these structures, we anchor credibility and political durability. By aligning institutional investors, we syndicate scalable capital that converts scarcity into recurring flows.

We do not pursue single assets. We build the architecture through which capital consistently enters. These frameworks deliver fiscal stability for governments, scalable participation for DFIs, and predictable outcomes for investors. Over time, the compounding effect of these systems positions SKGP as the allocator of strategic capital in jurisdictions where few others can operate effectively.