How to Become a Member
Membership Application (PDF)
Types of Membership
Membership Fees
Why Become a Member?
Code of Conduct
How to Become a Member?
Complete the membership application form and return it to Kyoko Terada, Manager of Member Services, at teradak@empea.net or fax it to +1.202.449.1165.
Before submitting an application you are required to read and agree to the EMPEA Code of Conduct.
Types of Membership
| Leadership Circle |
Open to private equity firms, institutional investors, development finance institutions, professional service providers and other organizations. Leadership Circle membership offers the opportunity to benefit from the highest level of membership features and to make a significant commitment to supporting EMPEA’s mission to promote private equity investing in emerging markets.
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Fund Managers
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Open to all private equity fund managers, corporate venture capital funds, fund of funds and secondaries firms with a minimum of US$5 million AUM. Annual fees are based on a firm’s total private equity assets under management.
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Institutional Investors
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Open to all institutional investors, including development finance institutions, pension funds, endowments, foundations, family offices, and sovereign wealth funds.
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| Service Providers |
Open to all professional service providers including law firms, consulting firms, accounting firms, and placement agents. |
| Associates |
Open to academic, governmental and non-profit institutions, as well as any local/regional venture capital and private equity associations. |
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Membership Fees
Membership runs from 1 April until 31 March.
Membership type
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Annual Fee
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Leadership Circle
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| Fund Managers with AUM greater than US$5 billion |
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$25,000
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| Fund Managers with AUM less than US$4.99 billion |
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$18,500
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| Institutional Limited Partners |
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$18,500
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| Professional Service Providers |
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$18,500
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Fund Managers (Including Fund of Funds and Secondaries*)
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AUM greater than US$2 billion
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$12,500
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| AUM US$1 billion – US$2 billion |
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$9,500
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AUM US$500 million – US$1 billion
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$7,500
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AUM US$250 million – US$499 million
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$5,500
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AUM US$100 million – US$249 million
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$4,500
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AUM less than US$99 million
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$3,500
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First -Time Funds: Subject to additional review. Please contact Member Services.
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Please refer to
pricing above.
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| Funds of Funds and Secondaries: Please contact Members Services. |
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Special pricing
available if qualified.
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Institutional Investors
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$3,000
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Professional Service Providers (Law & Accounting Firms, Placement Agents, etc.)
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| Professional Service Providers with greater than 10 staff |
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$10,000
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| Professional Service Providers with less than 9 staff |
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$5,000
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| Associates |
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| Academic, government and non-profit institutions |
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$3,500
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Local/regional venture capital and private equity associations
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$3,000
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*Membership is on an annual basis and runs on a cycle of April 1st – March 31st. New memberships between April 15th and July 1st will be invoiced for the current year on a pro-rated basis. After July 1st, new memberships will be invoiced for the remainder of the current year on a pro-rated basis plus the regular fee for the next full membership cycle.
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Why Become a Member?
The Emerging Markets Private Equity Association is the only global body that represents the growing industry of emerging markets private equity. As a leading global association, EMPEA offers features that meet the needs of a broad range of entities, which includes General Partners (GPs), Limited Partners (LPs), venture capital and private equity associations, private equity professional service providers, multilateral institutions, academic institutions and governmental bodies. Membership benefits include:
Opportunities to Network and Promote Your Organization
- Networking opportunities with other EMPEA members and industry leaders
- Endorsement from a respected and neutral industry body
- Exposure on the EMPEA website and in the 2012/2013 Membership Directory
Exclusive Research Access and Information Sharing
- Access to data-rich EMPEA publications, including the EM PE Review, EMPEA Insights, LP surveys, Legal & Regulatory Bulletin, Fundraising and Investment Data Tracker, Annual Fundraising and Investment Review and EMPEA Special Reports.
- Opportunity to share news and updates on industry trends, research, and techniques with other members and stakeholders
- Access to industry news and information
Discounts and Special Rates
- Free or reduced price for EMPEA publications
- Special EMPEA member-only discount on registration fees for EMPEA conferences
- Special negotiated rates for other industry conferences, events and publications
- Discounts on advertising and sponsorship opportunities
Additional Benefits for Leadership Circle Members
EMPEA’s Leadership Circle Members are leaders in the field of private equity in emerging markets. They have a distinct interest in seeing an expansion of the asset class. By joining EMPEA as an Leadership Circle Member, firms help to support EMPEA’s mission to promote the asset class. Applications for this special category of membership are subject to additional review. In addition to the benefits of regular membership, Leadership Circle Members also receive:
- Publicity in all EMPEA marketing materials
- Opportunities to provide input into the direction of EMPEA programs
- Preferential status for sponsorship, speaking, marketing, and advisory opportunities
- Special recognition at EMPEA events
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Code of Conduct
The following Code of Conduct establishes a minimum set of principles, compliance with which is mandatory for all Members and their directors, managers, employees, representatives and nominees.
Integrity
- Members shall promote and maintain ethical standards of conduct and at all times deal fairly and honestly with each other and with companies seeking private equity.
- Members shall conduct their business in a professional way and shall not engage in practices that may be damaging to the image or interests of EMPEA or to the emerging markets private equity industry.
- Members shall not malign, defame or unfairly criticize any other Member.
- Members shall neither take improper advantage of their position in EMPEA nor abuse any confidential information addressed to EMPEA.
- Members shall abide by the EMPEA Code of Conduct and any other standards issued by the Board or a Committee of the Board.
Regulatory
- Members shall take adequate steps to ensure that they comply with all relevant regulatory requirements including, but not limited to, the establishment and documentation of proper procedures, maintenance and retention of full and complete business records, and disclosure of any conflicts of interest.
- Members shall deal with regulators in an open and co-operative manner and keep them informed of relevant matters concerning their activities.
Investor Relationships
- Investment Managers shall be accountable to their investors and keep their investors fully and regularly informed, including, but not limited to, the provision of regular operating and financial reports.
- Investment Managers shall not accept into their funds subscribed capital from unspecified sources.
- Investment Managers who sponsor investment syndications with other parties, whether members of EMPEA or not, shall operate on the basis of full disclosure to such other parties.
- Investment Managers shall not use a private equity fund to promote their own interests or the interests of their directors, managers, employees, representatives and nominees, except insofar as they benefit from the success of such fund according to established compensation and profit-sharing contracts.
Portfolio Company Relationships
- Investment Managers acknowledge that their primary business concern is developing the strength of the portfolio companies in which they have invested, which will result in the funds under management making long-term capital gains.
- Investment Managers shall declare to any portfolio company in which they have invested any conflicts of interest that may arise.
- Investment Managers shall respect confidential information supplied to them by companies seeking private equity or by portfolio companies in which they have invested.
Performance Measurement and Reporting
- Investment Managers shall adopt standards for measuring and reporting investment performance that conform with widely accepted industry guidelines.
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