Sarona’s vision is to be a leader in an industry where private capital is deployed to encourage entrepreneurship and growth while having a significant positive impact on social communities and the environment.
We wish to do so in a sustainable and scalable manner. Sarona’s objective is to catalyse significant amounts of private capital to facilitate growth opportunities for private equity teams and companies based in Frontier and Emerging Markets.
We believe that grants, donations and philanthropic solutions are appropriate and invaluable in particular cases. There is, however, an increasing need for well thought-out and professional capital markets solutions to worryingly large social and economic disparities.
Sarona sees itself as a bridge between private capital markets and the increasingly important entrepreneurial sector in developing economies. There is a direct correlation between the growth of the low and middle classes and the profitable business opportunities for local entrepreneurs and service providers. We estimate that 60-85% of the capital raised currently by private equity funds in Sarona’s investable universe comes from Development Finance Institutions (“DFI”) and International Financial Institutions (“IFI”). Relatively little international private capital has had access to this growing and profitable segment of the market.
Sarona’s mission is to close this gap by bringing such investment opportunities to private investors using a thoughtful and diversified investment strategy.