Sarona Asset Management supports Brazilian businesses

Waterloo, ON, Canada – Sarona Asset Management announced a new investment commitment today from its Sarona Risk Capital Fund.

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, social and environmental excellence.

The Sarona Risk Capital Fund has committed US$500,000 to Brazil+, a fund that finances the receivables of 17,000 small and medium-sized companies in Brazil.

“Sarona is pleased to support the work of Brazil+,” says Gerhard Pries, Managing Partner and CEO of Sarona. “This investment strengthens the ability of the firm to provide financing products to underserved SMEs and the working poor while targeting strong returns to our investors.”

Sarona Asset Management is based in Waterloo Canada and Amsterdam Netherlands, 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 $190 million in assets under management in emerging and developing country markets around the world.

For further information, please contact:

Gerhard Pries
Managing Partner and CEO
Sarona Asset Management
gpries@saronafund.com
+1.519.883.7557
Vivina Berla
Senior Partner and MD Europe
Sarona Asset Management
vberla@saronafund.com
+31 20 798 13 10