# EMAlternatives

EMAlternatives is a Private Equity Fund of Funds based in Washington, United States.

## Overview

- **Organization type:** Private Equity Fund of Funds
- **Headquarters:** Washington, United States
- **Region:** North America
- **Address:** Washington, DC, United States
- **Founded:** 2007
- **Assets under management:** Undisclosed
- **Website:** emalternatives.com
- **LinkedIn:** https://www.linkedin.com/company/emalternatives-llc

## Regulatory record

- **Reports private funds:** No

## About

EMAlternatives, founded in 2007, was a US-based fund of funds manager focused on private equity investments in biotech and life sciences.

## Sectors

- Private Equity
- Venture Capital
- Buyout
- Growth Equity
- Special Situations

## Questions

### How does EMAlternatives source and select the underlying fund managers?

EMAlternatives sources local general partners through on-the-ground research networks concentrated in Latin America, Southeast Asia, Africa, and Eastern Europe. The firm performs in-country operational due diligence on fund managers that most foreign limited partners cannot access directly, evaluating track records, currency-hedging practices, and alignment of interests in markets with wide performance dispersion between top- and bottom-quartile managers.

### What types of private equity strategies does EMAlternatives allocate to?

The firm commits to underlying funds spanning venture capital (including seed and early-stage), growth equity, buyouts, and special situations. Its portfolio blends technology venture funds in markets like Indonesia and Nigeria, mid-market buyout vehicles targeting Latin American industrial supply chains, and distressed-debt and carve-out managers active in Central and Eastern Europe.

### Is EMAlternatives structured as a single fund or a series of vehicles?

EMAlternatives operates as a fund-of-funds manager, meaning it does not invest directly in companies. Instead, it pools commitments from institutional investors and family offices into fund vehicles that allocate across a portfolio of local emerging-market private equity funds. The firm has not publicly detailed the specific number or vintage years of its commingled vehicles.

### Who runs investment decisions at EMAlternatives?

EMAlternatives has not publicly named its investment committee members or managing principals. The firm maintains a low public profile, and no detailed information on its leadership team has been disclosed through its website or other official channels.

### How does EMAlternatives handle currency risk across its emerging-market fund commitments?

The firm deliberately layers currency-hedged and dollar-denominated fund structures where available within its portfolio. This reflects the hard-currency return expectations typical of the institutional and family-office limited partners that EMAlternatives serves, for whom local-currency depreciation in emerging markets represents a material return risk.

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Last updated: 2026-06-03T20:00:00.000Z

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