Whitestones Partners is the premier Frontier Markets merchant bank boutique. Established by a group of Goldman Sachs, JP Morgan and Merril Lynch former bankers in 2014, it is one of the fastest growing brokerages globally with offices in London, Dubai, Paris and Rabat. Whitestones is a pioneer of Frontier market investments, delivering expert insights, unparalleled liquidity and deep local market knowledge. Frontier markets account for 22% of the world’s population and 7% of the world’s GDP (on a purchasing power parity basis), but only 2% of the world’s market capitalisation (on a float-adjusted basis), compared to emerging markets with 63% of the world’s population, 43% of world GDP and 13% of the world’s market capitalisation (source: CIA World Factbook, IMF, MSCI).