About

EMPEA’s DFI Council is an advisory body comprised of and dedicated to development finance institutions (DFIs) whose institutional mandates support financial sector development and investment in emerging markets. The Council provides an effective venue for its members to connect with each other, identifying practical ways in which peer collaboration and coordination can increase the efficiency and impact of DFI investments in emerging markets. The Council also assists in guiding EMPEA’s research and programming to increase awareness amongst global stakeholders about private capital’s role in advancing economic growth, as well as the importance of DFIs’ role within this asset class.

DFI Directory

The Council’s collaboration is a published directory of development finance institutions investing in private equity and structured debt in emerging markets. Compiled with the detailed contributions of Council members, the directory provides valuable information to the global industry about DFI activities, including investment priorities, fund manager criteria, and investment structures.

Michael Barth

Development Finance Institution Council Chair, Senior Advisor

LocationEMPEA

R. Michael Barth is Managing Partner of Barth & Associates LLC, an independent Emerging Markets investment... Read More

Michael Barth

Development Finance Institution Council Chair, Senior Advisor

R. Michael Barth is Managing Partner of Barth & Associates LLC, an independent Emerging Markets investment advisory firm. Mr. Barth is a member of the Board of Directors of FINCA Microfinance Holding; the SEC
registered TriLinc Global Impact Fund; SFC— Finance Company
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EMPEA

John Kristensen

Development Finance Institution Council Vice Chair, Senior Investment Manager

LocationSwedfund

John Kristensen

Development Finance Institution Council Vice Chair, Senior Investment Manager

Swedfund

Mariana Bárcena

Director

LocationDEG

Mariana Bárcena is a Director at German development bank DEG and responsible for Corporates &... Read More

Mariana Bárcena

Director

Mariana Bárcena is a Director at German development bank DEG and responsible for Corporates & Funds providing equity and mezzanine products as direct investments as well as commitments to private equity and mezzanine funds in Latin America. Ms. Bárcena heads
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DEG

Enrico Canu

Head of Equity Unit

LocationEIB

Enrico Canu is Head of Unit, Equity, at the EIB responsible for investments in private... Read More

Enrico Canu

Head of Equity Unit

Enrico Canu is Head of Unit, Equity, at the EIB responsible for investments in private equity and venture capital funds outside the European Union. Previously, he focused on environmental and infrastructure fund investments. Prior to EIB, he held positions at
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EIB

Andrea Heinzer

Chief Investment Officer and Partner

LocationObviam AG, Investment Manager of SIFEM

Andrea Heinzer joined Obviam’s predecessor SIFEM in 2006 from SECO, where she worked in the... Read More

Andrea Heinzer

Chief Investment Officer and Partner

Andrea Heinzer joined Obviam’s predecessor SIFEM in 2006 from SECO, where she worked in the Department for Economic Development Cooperation. Andrea was responsible for SECO’s investment portfolio in Sub-Saharan Africa, and the implementation of SECO’s Investment and Technical Assistance Program
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Obviam AG, Investment Manager of SIFEM

Carole Maman

CIO

Location BIO

Carole Maman is Chief Investment Officer of BIO. She joined BIO in 2003 as investment officer for... Read More

Carole Maman

CIO

Carole Maman is Chief Investment Officer of BIO. She joined BIO in 2003 as investment officer for Africa and afterwards headed the Financial Sector Department.

Previously Carole had worked during 4 years for the International Finance Corporation/IFC in Washington for the Latin America Department and
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BIO

Alagappan Murugappan

Managing Director, Asia Funds

LocationCDC Group plc

Alagappan Murugappan joined CDC in October 2013 having worked previously in senior roles in private... Read More

Alagappan Murugappan

Managing Director, Asia Funds

Alagappan Murugappan joined CDC in October 2013 having worked previously in senior roles in private equity and investment banking in India. His private equity experience includes a stint at Actis in India and more recently, he headed the infrastructure fund
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CDC Group plc

Lynn Nguyen

Acting Vice President of Investment Funds

LocationOPIC

Lynn Nguyen is a Managing Director in the Investment Funds Department (IFD) at the Overseas... Read More

Lynn Nguyen

Acting Vice President of Investment Funds

Lynn Nguyen is a Managing Director in the Investment Funds Department (IFD) at the Overseas Private Investment Corporation (OPIC).  OPIC is one of the largest private equity fund sponsors in developing nations, providing support for the creation of privately-owned and
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OPIC

Anne-Sophie Rakoutz

Location Proparco

Anne-Sophie Rakoutz started her career in 1998 as an auditor and then a manager at... Read More

Anne-Sophie Rakoutz

Anne-Sophie Rakoutz started her career in 1998 as an auditor and then a manager at PricewaterhouseCoopers in Paris. From 2005 to 2009 she worked for SNCF, the French Railways company,  in the Mergers and Acquisitions Department. She joined Proparco in
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Proparco

Jaap Reinking

Director Private Equity

LocationFMO

Jaap Reinking

Director Private Equity

FMO

Gema Sacristán

Chief Investment Officer

LocationIDB Invest

Gema Sacristán

Chief Investment Officer

IDB Invest

Yuichiro Sano

Deputy Director, Private Sector, Investment Finance Division

LocationJICA

Yuichiro Sano

Deputy Director, Private Sector, Investment Finance Division

JICA

Riikka Talvitie

Senior Portfolio Manager, Private Equity (Portfolio and Risk Management Department)

LocationFINNFUND

Riikka Talvitie joined Finnish Fund for Industrial Cooperation Ltd (Finnfund) in 2006 after working as... Read More

Riikka Talvitie

Senior Portfolio Manager, Private Equity (Portfolio and Risk Management Department)

Riikka Talvitie joined Finnish Fund for Industrial Cooperation Ltd (Finnfund) in 2006 after working as a legal counsel at a Finnish private equity fund. Started in Finnfund in the legal department as legal counsel in charge of most of the
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FINNFUND

TBD

LocationEIB

Nicholas Vickery

Portfolio Manager

LocationIFC

Nicholas Vickery

Portfolio Manager

IFC
EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Managing Director, The Carlyle Group

I’m honored to join fellow industry pioneers in the leadership of an unparalleled network, filled with first movers, shaping the future of industries and communities.

Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company