Sarona Asset Management partners with Deer Isle Capital
November 18, 2011 - For Immediate Release
Waterloo, ON, Canada - Sarona Asset Management and Deer Isle Capital are pleased to announce that they have entered into a partnership where Deer Isle will represent Sarona's offerings in North America.
Sarona Asset Management is a private equity investor, investing in small and mid-market companies in frontier and emerging markets. Sarona invests in sectors such as housing, agribusiness, education, financial services, healthcare, information and communications technology and renewable energy. Sarona's investee companies are market leaders in business excellence as well as social and environmental values.
Deer Isle Capital is an advisory firm that focuses on growth and catalyst capital. With an extensive track record in raising capital, especially for emerging markets, Deer Isle is well positioned to complement Sarona's offerings.
"Sarona is pleased to work with Deer Isle Capital, a firm whose values and integrity have enabled it to build a solid track record in the capital markets," says Gerhard Pries, Managing Partner and CEO of Sarona. "The Deer Isle team will significantly enhance our presence in the North American market. We have been very impressed with the intellectual capital they bring to their work."
Dianna Raedle, CEO and Founder of Deer Isle says "Deer Isle is excited to be working with Sarona and believes, given their extensive track record, since 1953, of values investing in emerging and frontier markets that they are well positioned to continue to lead the market with a fund of funds product."
Sarona Asset Management is based in Waterloo, ON, and is a co-founder and/or manager of a number of impact investment funds, including the Sarona and MicroVest groups of funds. Together, these funds have over $180 million in assets under management in emerging and developing country markets around the world.
Deer Isle Capital LLC is based in New York City and has advised and/or raised over $5 billion in international assets with a focus on emerging markets since its founding in 2007.
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For further information please visit our website: www.saronafund.com or contact
- Gerhard Pries
- Managing Partner and CEO
- Sarona Asset Management
- [email protected]