EMP Global

Donald Roth, as founding partner, has historically chaired the investment committee, working alongside a small group of managing directors with backgrounds at the World Bank, IFC, and Asian Development Bank. The firm operates a consensus-based committee model where sovereign-risk and political-economy assessments carry equal weight to financial modeling. Day-to-day sourcing and execution is delegated to regional team heads in the relevant geographies.

EMP Global sources primarily through government privatizations, multilateral development bank pipelines, and direct developer relationships — a legacy of its founding ties to the World Bank ecosystem. The firm often enters projects before competitive auctions begin, working with host governments on concession design. This origination model is difficult to replicate for managers without equivalent institutional credibility in emerging markets.

EMP Global is an institutional asset manager, not a family office. It was founded by Donald Roth but pools capital from third-party limited partners including pension funds, development finance institutions, and sovereign wealth funds. The firm manages commingled closed-end funds and does not serve a single family or individual balance sheet.

The firm's historic focus has been emerging Asia and Latin America, with dedicated fund series for each region. Notable vehicles include the Asia Power Development Fund and the Latin Power series. EMP Global has also examined opportunities in Africa and the Middle East through ad hoc mandates and advisory assignments aligned with multilateral development initiatives.

EMP Global typically uses closed-end private equity fund structures with ten-to-twelve-year lifecycles, taking direct equity and mezzanine positions in greenfield and operational infrastructure assets. The firm does not operate as a fund-of-funds. It has also structured co-investment vehicles for larger limited partners seeking additional exposure alongside the main fund commitments.