Our newest fund, the Sarona Frontier Markets Fund 1 LP, being a Fund-of-Funds, will invest in a diverse range of industries and countries, capturing and seizing on the exceptional growth and vitality of micro, small, and medium sized businesses in frontier markets. We are taking our years of experience in developing markets, and combining it with our vast networks internationally, to ensure the greatest advantage for our investors. The fund invests in SME funds and debt instruments in frontier markets.
Sarona Risk Capital Fund (MEDA) is owned by MEDA. It provides early stage capital to promising companies in frontier markets that have an excellent prospect of financial success and economic benefit to poor communities. By aligning with the long term strategic objectives of MEDA's operating departments, the investments also achieve MEDA's mission of creating business solutions to poverty. Sarona Risk Capital Fund I LP is a fund owned by private investors that generally co-invests with MEDA in the same companies on the same terms. The funds are both managed by Sarona Asset Management, a subsidiary of MEDA.
The MicroVest family of funds links capital markets to the entrepreneurial poor by funding select microfinance institutions in emerging markets. MicroVest embraces a market-oriented approach to development and has made loans and investments in dozens of institutions worldwide. MicroVest is headquartered in the Washington, DC metropolitan area and was founded by CARE, MEDA and the Seed Capital Development Fund, three non-profit organizations with longstanding reputations for excellence in microfinance. For more information, please visit the main homepage of MicroVest.