The BRIC Opportunities Funds I and II were formed to assemble diversified portfolios of "best of class" investment funds in the large and dynamic emerging economies of Brazil, Russia, India and China, with a primary emphasis on India and China. The funds expect to take advantage of the many opportunities in industries that result from the expanding middle class and growth in per capita GDP of these emerging economies.
The BRIC economies have enormous untapped potential and share little in common with the usual perception of emerging markets, by virtue of their critical mass, growth rates, domestic demand, deal flow, management pool, education systems, relative political stability and developed domestic capital markets. Due to the incredible growth rates of the BRIC economies, their combined GDP is predicted to overtake the combined GDP of the major developed economies of the U.S., Western Europe, and Japan in the next 40 years or less.