With a global financing gap of 5.2 trillion dollars for Micro, small and medium enterprises (MSMEs) it is evident that access to finance is limited (source). Yet, more than 70% of jobs worldwide are created by these firms, with even higher numbers for firms in...
General news stories
The Canadian Task Force on Impact Investing
Montreal, May 13, 2024, 7 AM â Some of the countryâs leading impact investors working as the Canadian Impact Investing Working Group are publishing today a report âScaling Impact Investing in Canada Through...
Earth Day Spotlight: India’s Climate-Focused Companies Making an Impact Today
As we celebrate Earth Day, let's take a closer look at India, a dynamic economy where innovative companies are leading the way with climate-focused business models. Some of these enterprises are financed by GEF Capital Partners, a Sarona fund manager, investments are...
Global resilience shapes constructive outlook
As 2024 unfolds, the global economic environment continues to remain resilient, raising expectations for central bank easing in the upcoming quarters and increasing the probability of a relatively soft landing. While interest rates stay elevated, particularly across...
Sarona SGGM Impact Report
We are proud to present the Sarona Global Growth Markets (SGGM) Private Equity (PE) Program 2022 Impact Report. The data in this report represents nearly half a billion individuals and organizations who have benefited, more than 220,000 jobs sustained (of which 39%...
Earth Day 2023
Every year, on April 22nd, the world celebrates Earth Day, a day dedicated to raising awareness about environmental issues and promoting sustainable practices to protect our planet. This yearâs theme, âInvest in our...
Q4 2022 – Sarona Emerging Markets Monitor
The global economic outlook continues to remain challenging, particularly given the effects of higher inflation, as a result of supply side imbalances following covid-19 and subsequently the war in Ukraine. Energy and food prices remain major contributors to this surge with prospects of further rises in interest rates going into next year. With recessionary warning signs flashing, a flight to safety has strengthened the US dollar, with the index (DXY) peaking above 13% before softening to 4.6% YTD. Despite emerging markets facing higher import costs and stronger inflationary pressures as a result, including the prospects of depleted currency reserves, economic growth forecasts remain positive for this year, albeit at more moderated levels.
Sarona announces the promotion of three internal leaders to its partnership
New parters (L-R): Serge LeVert-Chiasson, Ralitsa Rizvanolli, Mat LeRoux, and Patrick Hergt We are very excited to announce that we have invited three team members to the firmâs partnership. Partnership is reserved for leaders â...
Sarona thanks its founder for many years of service
Gerhard Pries, our Founder and Managing Partner for the last dozen years, has announced his retirement from his executive role at Sarona. Gerhard will remain as Chair of the Board and member of the Sarona Investment Committee, while his long-time colleague, Serge...
Sarona Asset Management’s Theory of Change seeks prosperity for all
Sarona Asset Management's Theory of Change seeks prosperity for all - for all today and all tomorrow. This goes beyond a 'do no harm' mandate; it demands that we seek to improve the earth so that future generations can prosper better than we have. Leave it better than...
For Sarona Asset Management, Gender Equality is about empowering women
For Sarona Asset Management, Gender Equality is about empowering women. Yes, we invest in women-led companies and partner with women-led investment firms, but our Theory of Change demands that we seek to be an agent of change - helping move the world from status quo...
Patrick Hergt earns the Chartered Financial Analyst designation
Patrick Hergt Sarona is happy to announce that Patrick Hergt has earned the Chartered Financial Analyst® designation (CFA® charter) that he has worked on while supporting our investment and business development teams fulltime. Patrick Hergt has...
Sarona Asset Management recognized as one of the Best for the World™ B Corps of 2021
We are beyond happy and incredibly proud about being recognized as one of the Best for the World⢠B Corps of 2021 in the categories for Community and Governance! The Best for the World are B Corps whose scores in one or more of the five impact areas...
Sarona announces Ralitsa Rizvanolli and Patrick Hergt as new Directors
We are pleased to announce two changes within Sarona, both a valuable addition and a promotion. Ralitsa Rizvanolli joined Sarona in September 2020 as Director of Investments, responsible for investments in the Emerging Markets Impact Investment Fund (EMIIF) trust....
Sarona named to 2019 Best For The World: Overall list by B Lab
Sarona is proud to receive recognition for our on-going efforts in creating extraordinary positive global impact with a spot on the Certified B Corporation 2019 Best For The World: Overall list. The list is a comprehensive assessment administered by B Lab, a...
2019 Annual Values Report: Value-Driven Leadership for Collaboration
We are delighted to launch our 2019 Annual Values Report, which is now available for download. The report is a comprehensive assessment of the progress we are making toward achieving impact. We are encouraged by our findingsâSarona is making a...
Gerhard Pries interviewed for Real Leaders magazine: “4 Lessons from an Impact Investor”
Sarona founder, Gerhard Pries recently spoke to Amy Bennett (Impact Assets) for Real Leaders Magazine. Pries describes how he went from working as a financial advisor for PricewaterhouseCoopers to the managers of an impact investment firm, and Bennett draws on four...
Sarona/MEDA Global Investor Survey: Limited Partner Perspectives on Private Credit and Trade Finance in Frontier & Emerging Markets
Sarona/MEDA Global Investor Survey: Limited Partner Perspectives on Private Credit and Trade Finance in Frontier & Emerging MarketsIn spring 2019, Emerging Markets Development Partners (EMDP), in partnership with Sarona Asset Management and MEDA, undertook a...
Menno Derks interviewed for Financial Investigator magazine: Sarona has something to offer for long-term investors
Menno Derks was interviewed for issue 1 2019 of Financial Investigator magazine. Below is an English translation of the original article by Rene Boogaarts. We have attempted to provide an accurate translation of the original material in English, but due to the nuances...
Sarona is selected to the eighth annual IA 50 impact investment fund manager showcase
âThe IA 50 is built to filter out the noise that is growing louder in impact investing and help investors focus on deep, meaningful impact.â Sarona is delighted to once again be selected to the ImpactAssets 50 this year. The IA...
Gerhard Pries featured on EisnerAmper’s alternative investments intelligence blog
Sarona CEO Gerhard Pries is featured on the 6 December 2018 issue of EisnerAmper LLPâs Trends Watch blog. Trends Watch is a weekly entry to EisnerAmper's Alternative Investments Intelligence blog, featuring the views and insights of...
Serge LeVert-Chiasson quoted in WSJ Pro Private Equity (The Wall Street Journal)
Serge LeVert-Chiasson, Partner and MD Impact Investment Advisory, was recently quoted in WSJ Pro Private Equity, The Wall Street Journal's exclusive propriety news source that provides specialised insight on private equity trends. In the article,...
2018 Annual Values Report: Delivering Prosperity for All
Today, Sarona is pleased to release its 2018 Annual Values Report. It is Sarona's belief that in applying ethical, social and environmental values to each investment decision, we build a better world for the current generation and future ones. Sarona's core beliefs...
Sarona named to 2018 Best For The World: Overall list by B Lab
Sarona is proud to receive recognition for our on-going efforts in creating extraordinary positive global impact with a spot on the 2018 Best For The World list. The list is a comprehensive assessment administered by B Lab, a non-profit-making organisation that serves...
Trade finance in frontier and emerging markets: mobilizing capital for impact at scale
Across Frontier and Emerging Markets, access to finance is a persistent obstacle to sustainable growth. Nowhere is this truer than trade finance â without access to trade finance, many SMEs would simply die. While trade finance is a thriving global...
Sarona co-publishes final report: “Expanding Institutional Investment into Emerging Markets via Currency Risk Mitigation” with USAID, EMPEA and Crystalus
Currency risk is a persistent problem in emerging market private equity. The fear of precipitous currency loss keeps billions of private equity dollars firmly on the sidelines â capital that could otherwise play a game-changing role in promoting...
Sarona honoured as ‘Best for the World’ for exceptional positive social and environmental impact
Sarona was recognized by B Lab as Best for the World for the third year in a row! In 2012, the inaugural list was sourced from approximately 500 B Corps. This year, Sarona has again been recognised in the Overall Best for the World category by scoring in the top 10th...
Sarona awarded top scores by United Nations-supported Principles for Responsible Investment
Sarona has received top scores from the United Nations-supported Principles for Responsible Investment (PRI), following the assessment of its latest Transparency Report. We have received the highest score of A+ for Strategy and Governance as well as for integrating...
2017 Annual Values Report: How our capital is creating impact and making progress towards the SDGs
We believe that applying ethical, social and environmental values to each investment decision builds a better world and helps us generate attractive returns for our investors. We strive to influence the investment industry to incorporate best practices and work with...
Sarona becomes signatory to the Stockholm Declaration showing a commitment to setting standards for measurement and reporting standards for the SDGs
The investment community, including large institutional investors, is increasingly adopting the UN Sustainable Development Goals (SDGs) as a framework for sustainable investing. According to a recent report, the SDGs present a $12 trillion investment opportunity....
Sarona co-publishes report with USAID, EMPEA and Crystalus: Expanding Institutional Investment into Emerging Markets via Currency Risk Mitigation
Sarona joined forces with USAID, EMPEA and Crystalus to seek innovative solutions that, by mitigating FX risk, could catalyse private capital flows into developing economies, resulting in a research report in our co-published report: Expanding Institutional Investment...
John Hoffmire, Director at SaÏd Business School at Oxford University, writes about Sarona’s unique investment approach in Deseret News
(PRNewsfoto/Deseret News) August 9, 2016 - John Hoffmire, Director at SaÃd Business School at Oxford University, writes about Saronaâs unique investment approach targeting high financial returns based on ethical, social and environmental...
Sarona is highlighted in “Sizing Up ‘Blended Finance’: A Guide to a New Financing Approach to Fuel Sustainable Development” by Joan Larrea for ImpactAlpha
Saronaâs pioneering role in Blended Finance was highlighted in a recent article by Joan Larrea CEO of Convergence published on ImpactAlpha, Sizing Up âBlended Financeâ: A Guide to a New Financing Approach to Fuel...
OPIC commits $100mm to Sarona’s Global Growth Markets Fund programme
For the second time, the Overseas Private Investment Corporation (OPIC), the U.S. Governmentâs development finance institution, selected Sarona to deliver âGrowth that Mattersâ. In June 2016, the OPIC board...
Sarona founder and CEO Gerhard Pries interviewed for The Guardian | “Blended finance may not be the work of the devil after all”
Sarona founder and CEO Gerhard Pries engaged in a lively discussion with Deborah Doane, writer and consultant on international development and sustainably, for The Guardian to explore the issues of public and private capital investment in driving change. Read the...
Sarona Asset Management Inc. honoured as ‘Best for the World’, creating most overall positive social and environmental impact
April 14, 2015: Kitchener, Canada & Amsterdam, the Netherlands Today, Sarona Asset Management Inc. was recognized for creating the most positive overall social and environmental impact by the non-profit B Lab with the release of the fourth annual...
Sarona closes second private equity fund of funds with $150mm
Kitchener, Canada & Amsterdam, the Netherlands â 12 December 2014 Sarona Asset Management held its final close for the Sarona Frontier Markets Fund 2 on 12 December 2014. The company raised a total of $150mm from a mixture of leading...
OPIC President Applauds Sarona’s progress
Monday, May 12th, 2014 WASHINGTON â Speaking today at Sarona Asset Managementâs Investor Day 2014, Elizabeth Littlefield, President and CEO of the Overseas Private Investment Corporation (OPIC), the U.S....