Closing the data gap on private investment in emerging markets

A coalition-built, anonymised repository of realised performance, risk, and investment characteristics data across emerging markets and developing economies, giving investors the evidence base to make better decisions, at every stage of the investment lifecycle.

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Benchmarks across the data gaps that matter most for EMDE investments

Existing commercial datasets have low or no coverage of the metrics investors need most in emerging markets and developing economies (EMDEs). This initiative fills those gaps with empirical, transaction-level data contributed directly by market participants.

Performance

Realised return metrics at transaction-level, giving investors a comparable evidence base on investment outcomes.

Risk & Loss

Empirical loss benchmarks segmented by sector, country, and project phase, moving beyond proxies and sovereign approximations to realised data.

Deal Structure

Data on deal characteristics across investments, highlighting trends and drivers of investment outcomes.


Supporting decisions across the full investment lifecycle

The database is designed to target decisions from market-wide perceptions of EMDE investment opportunities through to individual transaction structuring and portfolio monitoring.

Market-Level

Enhancing the market understanding of EMDE investments

Aggregate, empirical performance data can inform market-wide assumptions on EMDE investment outcomes, providing the evidence base needed to support a more accurate understanding of risk and return, and strengthen calibration of credit rating methodologies.

Strategic & Portfolio-Level

Business Case & Asset Allocation

Develop credible internal business cases to establish or expand EMDE investment capabilities. Cross-market risk and return benchmarks to quantify opportunity size, capital efficiency, and inform target returns and allocation sizing.

Transaction-Level

Underwriting, Pricing & Portfolio Management

Inform transaction risk and return using empirical EMDE data. Phase-, sector- and country-level benchmarks to calibrate PD/LGD assumptions, structure pricing, and monitor EMDE exposure based on realised performance trends.


Coalition-built, anonymised by design

The database is built on transaction-level data contributed directly by private investors, processed through robust anonymisation protocols, and structured to generate standardised benchmarks that no single institution could produce alone.

Investor-led

Contributors shape the scope, methodology, and data standards to ensure that what gets measured reflects what actually matters for investment decision-making.

Safe to contribute

Robust anonymisation and aggregation protocols allow institutions to share sensitive transaction data with confidence, with no proprietary information disclosed.

Open access

Benchmark reports will be made available as a public good. They will be accessible to investors, rating agencies, researchers, and policymakers across the market.

Express interest in joining the coalition

We are at an early stage, assembling a founding group of institutional investors, asset managers, and financial institutions to help shape this initiative from the ground up. If you would like to be involved, whether as a data contributor, methodology partner, or supporter, we would like to hear from you.

Your privacy. Your details will be held by Systemiq Ltd and used only to follow up on this initiative. You can ask us to update or remove your information at any time by emailing emde.data@systemiq.earth.