Solving the capacity gap between

sponsor flow and allocator

underwriting

Most allocators inherit a deal flow problem disguised as a research problem. The

bottleneck isn't access to alternatives, it's the capacity to underwrite, monitor, and

position them with conviction

As Featured In

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Alternative Investment Intelligence for the Decision in Front of You

EM Capital helps allocators turn sponsor decks, models, reporting packages, and market data into decision-ready work product, from fast triage to full underwriting, monitoring, and pipeline development.

When Comparing 1-4 Offerings

Receive a normalized comparison to determine whether to proceed, diligence further, or avoid.

Underwriting Memo

When an offering that requires further conviction

Rebuilt assumptions, fee and economics diagnosis, downside sensitivity, leverage and liquidity review, and a risk-adjusted view.

Comparison Memo

For 2-3 serious options under active consideration

Side-by-side underwriting, with economics, fee structure, liquidity, exit path, key risks, and decision rationale clearly documented.

Alternative Intelligence Suite

For ongoing alternatives research support

A permanent intelligence layer across the alternatives sleeve: biweekly working meetings, quarterly monitoring reports, on-demand underwriting and comparison support, active real estate pipeline development, and Resi-Alpha analytics access.

Underwriting, acquisitions, portfolio analytics, real estate research, and investor-facing experience.

Daniel Erb

Execution & Strategy

William McSweeney, CFA

Market & Portfolio Analytics

Laetizia Bizzari

Underwriting & Economics

Experience

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HOW TO ENGAGE

Start with decision in front of you

Most allocators come to EM Capital at one of four moments. Choose the path that matches your live decision, send the materials, and get back decision-ready work product.

Comparing 1-4 offerings?

Start with a Decision Snapshot

Delivery: 1-3 Business Days

Have one live deal or fund?

Start with an Underwriting Memo

Delivery: 3-5 Business Days

Down to a few serious options?

Start with a Comparison Memo

Start with an Comparison Memo

Delivery: 7-10 Business Days

Need ongoing alt intelligence?

Start with the Alternative Intelligence Suite

Implementation: 4 Weeks

TURN SIGNALS INTO ACTION

Subscribe to our newsletters

FEATURED

The Private Credit Diligence Gap

TAM · Edition 8 · May 2026

The Allocation Memo

Built for the allocator's desk

Dan's weekly read on capital flows, allocation strategy, and the residential alpha thesis. For RIAs and Family Offices.

Weekly

Against The Tape

Stress-testing the consensus

Our standing exercise in arguing the other side of market consensus, not because we believe it, but because we don't trust a thesis we haven't stress-tested.

Bi-weekly

Select Features

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FOR JOURNALISTS

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EM Capital Management. For discussion purposes only. The information on this website is not an offer to sell or a solicitation of an offer to buy any securities. Nothing on this site constitutes legal, tax, regulatory, or investment advice. EM Capital Management does not act as a placement agent. © 2026 EM Capital Management. All rights reserved.