1. Home
  2. General news stories
  3. Serge LeVert-Chiasson quoted in WSJ Pro Private Equity (The Wall Street Journal)

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, “Private-Equity Community Seeks New Ways to Combat Currency Risk in Emerging Markets,” Serge speaks to private equity reporter Luis Garcia about Sarona’s leadership on the project completed—with funding from the U.S. Agency for International Development (USAID) and in partnership with the Emerging Markets Private Equity Association (EMPEA) as well as Crystalus Inc.—to address currency risk mitigation in emerging markets.

The January 2018 final report, Expanding Institutional Investment into Emerging Markets via Currency Risk Mitigation, presents a few innovative approaches to mitigate currency risk for private equity investment in emerging markets. Amongst a few solutions proposed, one was pilot tested with a Sarona fund of funds—a solution pathway that is deemed, as Serge puts it, “not perfect but promising.” That solution: tailored proxy hedging. While conventional currency hedging provides little relief, the tailored proxy hedge piloted in this project, developed by Validus Risk Management Ltd., yielded positive results. Garcia’s article explores this solution.

Read the WSJ Pro article (WSJ Pro subscribers only)

Read the report Expanding Institutional Investment into Emerging Markets via Currency Risk Mitigation.

To learn more about this currency mitigation project, contact Serge LeVert-Chiasson:

slevertchiassion@saronafund.com

+1.519.883.7557

News and Insights from Sarona

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%...

read more

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 year’s theme, “Invest in our Planet,” calls for action towards investing in the...

read more

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.

read more