Managing Partner & Head of Research
Varun Pratap Chopra is the Co-Founder, Managing Partner and Head of Research at Emanation Partners (“EP”).
Varun built Emanation in 2013 to apply his deep interest in securities analysis and investment research to underserved niches of the global investment management industry. He identified an unmet need for deep and thoughtful fundamental research for the middle market private equity industry. Emanation is built and designed to uncover thoughtful and unique investment ideas to middle market private equity backed by deep fundamental research tailored to small and niche yet high return on capital potential sectors within the United States that serve as the target universe of coverage for middle market private equity investors in the United States.
Emanation also maintains an internal research team to manage a pool of private capital to identify and invest in special situation investment opportunities within small and mid cap equities globally. These investment opportunities are shared with our clients to create well designed incentives for long term capital appreciation for Emanation and its clients.
Prior to founding Emanation, Varun was an investment professional at ICM; one of the longest standing hedge funds in the emerging markets. Prior to ICM, Varun was in investment professional at Thomas H. Lee Partners, L.P. (“THL”), a premier North American buyout firm. At THL, he evaluated investment opportunities across a range of sectors. His transaction experience at THL includes the comprehensive balance sheet re-capitalization of MoneyGram International and; a structured a minority investment in the junior subordinated debt of Nortek Inc., In addition, Varun has also spent time at Ziff Brothers Investments and Citigroup Global Markets in New York and Chicago.
Varun holds an MBA from the Harvard Business School and a Bachelor’s degree in Finance from the University of Illinois at Urbana-Champaign
Emanation comprises of a team of highly skilled professionals with significant experience in investment banking, management consulting, middle market private equity, large cap private equity, global distressed debt and emerging markets equity firms.
Our team has a multi-decade track record of combined experience at firms such as:
