The Team

Active Ownership in Emerging Markets ®

Cartica Management, LLC is an independent, employee-owned investment boutique focused exclusively on emerging markets. We manage a concentrated portfolio of high-quality emerging market companies for several of the world’s largest institutional investors.

It’s our philosophy to actively engage with the management of all our portfolio companies to seek value-enhancing improvements in ESG and related factors.

Founded in 2009 by senior professionals from the World Bank’s International Finance Corporation, Cartica is a majority women-owned and women-led firm. Headquartered in Washington, D.C., the firm is a registered investment advisor with the United States Securities and Exchange Commission.


Teresa C. Barger

Co-Founder & CEO

Farida Khambata


Steven J. Quamme

Co-Founder, President & COO

Sustainability at Cartica

Cartica Management, LLC promotes sustainability within our operations, and we work to shrink our own carbon footprint by reducing our use of energy, water, and materials, which also leads to less waste production. For more information on our approach, please see the Cartica Sustainability Policy.

Focus on our Carbon Footprint

  • Washington, DC HQ is in a LEED Gold-certified building
  • Use Energy Star-certified appliances and office equipment
  • Seek to reduce emissions produced by our business travel (trains instead of planes when possible)
  • 2022 environment-focused volunteering events and workshops

Offset Emissions from Operations

  • Partner with to offset emissions from highest emitting activities:
    • Travel
    • Commuting
    • Office operations
  • Support the Envira Amazonia Project, a tropical conversation initiative in Acre, Brazil, to offset our emissions

Diversity & Inclusion at Cartica

Cartica is majority women-owned and women-led, and we believe that our human capital is the most valuable asset we have. Cartica is committed to nurturing an environment where everyone can thrive, and we seek to integrate diversity, equity, and inclusion into our investment activities and organizational pratices.

The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities, and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation and our company’s achievement as well.


  • Signatory of ILPA’s Diversity in Action initiative
  • Created Black Lives Matter Committee

Culture Committee

  • Weekly Check-In Calls
  • All-firm phone trees
  • Virtual Stretches / Meditation / Yoga
  • Professional development and learning from one another
  • Special events, celebrations/memorial services, group counseling