Sarona Asset Management Sarona Frontier Markets Fund 3
Product Details
Product Name: Sarona Frontier Markets Fund 3
Overview: "Sarona Asset Management invests in private companies in frontier and emerging markets, targeting strong financial returns and positive social and environmental impact. The $300-$500 million (target) SFMF3 will invest growth equity into ~120 mid-market private companies through active local PE managers. The Fund comprises co-investments, primary PE funds and secondary PE funds. Sarona’s work is to identify the best opportunities and the best PE firms across Africa, Asia and Latam, and partner with them to build a diversified portfolio of companies that can credibly deliver strong financial returns and target prosperity for all. OPIC has provided a $100mm financing facility for the Fund. Sarona believes that applying ethical, social and environmental values to each investment decision builds a better world for current and future generations. We further believe that such values help generate strong financial returns. "
Issues Focused: No Poverty, Good Health and Well-Being, Quality Education, Reduced Inequalities
Asset Class: Private Equity (Mature Stage)
Geography: Global
Impact Measurement
IRIS 4.0 Social Impact Objectives:
IRIS 4.0 Environmental Impact Objectives:
IRIS 4.0 Targets:
Impact Evidence Type: Not Specified
Sarona Asset Management

Last updated by Sarona Asset Management on 05 Nov 17:30

Investment Details
Legal Structure: Limited Partnership
Product Stage: Not Specified
Part of Series: Series
Investment Availability: Open
Minimum Investment: $250,000
Investor Eligibility: Institutional Investors, Foundations/Endowments, Accredited Investors
Assets Under Management: AUM > $50M
Average Management Fees %:
Average Performance Expectations: Expectations ≥ 12%
Performance To Date: At Expectations