We address the misperceptions around EM private credit and make the case that, within global portfolios, select EM exposure can reduce risk in investor portfolios, dampen volatility, and materially enhance returns. Key points: We believe investors could benefit from incorporating select emerging markets private debt in their portfolios. The biggest hurdle in the EM private credit space is the misperception that investing in EM assets equates to higher risk, both on the credit and documentation side. Uncertainty in global markets will likely persist. The EM universe offers a multitude of opportunities with superior credit and commercial metrics.