Portfolio Composition

Cordiant's loan funds offer financing to emerging market borrowers primarily in partnership with (i) IFIs like the European Bank for Reconstruction and Development, the International Finance Corporation, the African Development Bank and the Asian Development Bank, among others, and, to a lesser extent, (ii) commercial banks. The relationship network developed by Cordiant is key to providing the broad reaching diversification across regions and industrial sectors that contributes to the low volatility and stable absolute returns of Cordiant's portfolios, which include investments in, among other things, banking, agribusiness, hotels, oil & gas, manufacturing, telecom, chemicals & petrochemicals, transportation and ports. Cordiant employs a buy and hold approach to its investing.

Partnering with IFIs allows Cordiant access to the most attractive opportunities available in the emerging markets, as attested to by the successful history of IFI financing operations over the last decade. Coupled with Cordiant's own stringent investment parameters and extensive due diligence, the Cordiant loan portfolios are comprised of the "best of the best".