25 years ago, there were no private equity firms in emerging markets.  As they did begin to appear, no women were to be seen.  Fast forward to 2018 and things have changed.  While women remain scarce in our field, a paradigm shift seems to be underway as we are collectively recognising gender imbalance and acknowledging the need for gender diversity in leadership.  Women’s empowerment is now a thing – and a crucial one at that.  There is, however, still a long way to go.

Sarona Investor Day 2018

Empowering Women in Business Leadership

On May 14, Sarona hosted its annual Investor Day in Washington, DC ahead of the Global Private Equity Conference.  With a theme of Empowering Women in Business Leadership, the day included illuminating stories and keynotes from GPs, LPs and friends of Sarona.  We’re grateful to the speakers who contributed.  The event was enriched with a luncheon panel, Women in Private and Political Leadership, hosted by the Centre for Global Health & Diplomacy (GHD) and the UN H6, and moderated by Joanne Manrique, President of GHD.

For those who attended, thank you for joining us.  Our Sarona team enjoyed your company and we appreciate your valuable contributions to the dialogue.  We hope that the day proved to be worthwhile and we welcome your feedback.

GEM – a framework for gender equality mainstreaming for business

One of our guest speakers at the Investor Day in Washington was Devon Krainer, head of MEDA’s GEM program.  MEDA has been increasing understanding of, and improved strategies for, gender issues in our portfolio companies.  Their work has been widely acclaimed as some of the best in the world and we’re impressed with how CEOs are embracing this opportunity.  If you’d like to dive deeper, here are some resources:

For a quick read – the brochure, click here.

For a more in-depth read – the full framework manual, click here.

Investor breakfast in Amsterdam

Emerging Markets: Generating Impact & Alpha

Our annual investor (and guests) breakfast in Amsterdam will take place on Thursday, 28 June 2018, coinciding with the SuperReturn Emerging Markets Conference.  The morning will include presentations from Sarona’s portfolio and networking opportunities.  If you are interested in joining us, please register with Daniel den Ronden as soon as possible.  We look forward to hosting you.

Sarona named to 2018 Best for the World: Overall list by B Lab

Sarona is proud to receive recognition from the global B Corporation community with a spot on the 2018 Best For The World: Overall list, administered by B Lab.  As an Overall honouree, Sarona earned a score in the top 10% of more than 2,400 Certified B Corporations across all category areas of the B Impact Assessment.

Learn more about Sarona’s certification and score here.

Learn more about the selection criteria for Best For The World honourees here.

Trade finance in frontier and emerging markets

With support from Global Affairs Canada and MEDA, Sarona engaged Mbuyu Capital to examine the demand and supply of trade finance for SMEs in emerging markets.  SMEs face challenges because of lack of credit – restricting their ability to buy materials, finance unpaid accounts receivable and pay employees.  Access to finance is critical and solutions are needed to bridge the capital gap.

We invite you to review the research. To read a summary of overall findings, Click here.  

Sarona updates

Please keep an eye open for the 2018 Sarona Values Report, which will roll off the presses just a couple of weeks from now.  The report is our annual look at ESG and Impact.  Are we making a difference? And is there a credible way of measuring that? Stay tuned.

And yes, we are hiring.  We are thrilled to welcome four new colleagues this quarter. Emre Karabekirogullari joins us as Investment Associate in Amsterdam; Sheila Scott as Marketing and Communications Associate in Kitchener; and Ashley Nagel and Adam Pries join the administrative and IR team.  The Sarona team continues to grow!