Caravel Management, LLC, a Registered Investment Adviser, is a New York-based investment manager dedicated to investing in the beyond- BRICs Emerging and Frontier Markets.

Founded in 2004, Caravel is a research-driven firm with eight investment professionals with decades of experience investing, working and living in these markets.

Caravel employs an active long-term approach to investing in the publicly traded equities of beyond–BRIC Emerging and Frontier markets. Caravel's universe represents approximately 42% of the world's population and 15% of global GDP. Superior growth in Caravel’s markets is being driven by economic and political reforms, a growing middle class with increasing disposable income and a young population base.

The Caravel mission is to deliver superior investment performance by building a concentrated, high conviction portfolio, taking a long-term investment view and maintaining a rigorous fundamental analysis framework that combines top-down and bottom-up analysis. Caravel focuses on business fundamentals, valuation and earnings growth. Through portfolio construction and diversification of investments across countries, currencies, and industries, Caravel seeks to provide the optimal risk-adjusted return for investors.